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To: del clark who wrote (1006)5/1/1998 12:38:00 PM
From: Gary Payton  Read Replies (1) | Respond to of 4230
 
Just curious - everyone is making a point of the MM shortselling, which is probably the case, but what about MMs going long? Isn't that possible with a BB, or any stock for that matter? Why on earth wouldn't they do that knowing the fundamental solidity of the company and the buying pressure coming in.

Just a question



To: del clark who wrote (1006)5/1/1998 1:49:00 PM
From: Kramer  Read Replies (1) | Respond to of 4230
 
Hi,

This may be one reason. I have a bid in to buy tgsk at 1.25, no bids are in front of me. I decide the market is moving and want to by the stock, so I change my bid to offer and buy the stock. The bid now moves to next bid because mine is n longer there. food for thought.


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