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To: Mike Sesan who wrote (2636)4/28/1998 1:28:00 PM
From: Piranha  Read Replies (2) | Respond to of 16960
 
<< Can you tell me what could be the reason that the MM continue to lower to price throughout the day then spike it mid-day and work to promote a rally at the end. Is this stock being manipulated? >>

I was just thinking about that over lunch. Y'know, it's conceivable that over the last four days, a total of about 4-6 points could have been made daily if you knew exactly when to play your cards. Someone could sell their position and go short at the open, cover and go long again at the bottom, then repeat the process the following day. Not accusing anyone of anything, just pointing out that this could be done.

Piranha