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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: douglas scott goldstein who wrote (7437)3/30/1998 11:31:00 PM
From: Buck  Read Replies (1) | Respond to of 26039
 
It appears that whoever is making the market in this stock is able to supply 100 to 300 share buyers at lower prices but can't supply the 1000 to 3000 share buys with-out going higher. If this is the case we must obviously be nearing a point where a few 10,000 or more buys would not find the stock for sale and we would see a major run up.
There was a buy showing on my screen today at 9 1/2 for 3 or 4 thousand shares only to be followed by a sell at 5 5/8 for 100 shares.
Does anybody in this business have a better read on this as I am just guessing from a laymen's perspective. It looks to me like they are not going to be able to handle this much longer if we hit some big news.