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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (7318)3/10/1998 5:38:00 PM
From: country boy  Read Replies (2) | Respond to of 11555
 
Flick:

What is your site for watching these block trades?

Thanks
CB



To: flickerful who wrote (7318)3/10/1998 9:56:00 PM
From: 5,17,37,5,101,...  Read Replies (1) | Respond to of 11555
 
To be honest I prefer that there NOT be any block trades. When there aren't any large block trades while the stock ticks lower, the MM senses that the big holders are away from the market, so the MM quickly picks up the smaller lots and sends the price higher to find a better equilibrium point in which traders with better information are involved, those who at margin determine stock prices.

I DO like today's and the previous three day's action. Price closed near the low on relatively light volume. The MM is picking up the shares to run the price higher later this week.

Jackson