Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mick Orgas looks into his Crystal Ball.... -- Ignore unavailable to you. Want to Upgrade?

To: David L. Wasylenko who wrote (220)	3/19/1998 10:56:00 AM
From: Rashid Garuba	Respond to of 461

Interesting article. How can MM's just refuse to raise the price of a stock in spite of demand????? Free price movement relative to demand/supply are key to the effectiveness of all stock exchanges, period. Wonder whose methods will be adopted once NASDAQ and AMEX become one?? If NASDAQ is smart ... the AMEX system should rule. Rashid

To: David L. Wasylenko who wrote (220)	3/21/1998 5:26:00 PM
From: brad greene	Respond to of 461

David, Interested in your thoughts on this....... After Monday's stuff...I would assume that naked shorting of BANY would not be allowed to continue...if it was, in fact, being shorted in a naked fashion in the first place......Do you agree? But shorting on borrowed stock.......If stock that has been available for borrowing is being called back in...ad it has, in fact been borrowed....and one market maker feels that another market maker will be forced to buy large numbers of shares.......in the hours or days ahead........Will one or more market maker begin accumulating shares in anticipation of being able to resell the shares at a higher price to the market maker who must buy them for their clients or themselves?.....or will all market makers wait until the one market maker who needs to buy the shares starts raising the bid in an effort to get them from shareholders willing to sell at a higher price? I'm thinking that MMs are in charge of maintaining an orderly market. As a situation like this unfolds....could long market makers be the ones raising the bid in an effort to build inventory in order to meet expected demand?....from another market maker? Have I got this right?.... bg