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Technology Stocks : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (1545)4/24/1998 9:43:00 PM
From: Mr. Proofsheet  Read Replies (2) | Respond to of 2394
 
In reference to Instinet it can also be used to manipulate
a stock. If shorting a stock you can throw a low ask into
Instinet even for 1000 shares, then CNBC reports that
the stock is down 6 dollars in the "box" with the hope this
causes a rush to the door. This of cause can be done on either
side.