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 : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (3059)	5/18/1998 12:10:00 PM
From: Kimberly Lee	Respond to of 4969

Thanks, Steve. That is the most lucid conjecture of the two situations I have heard. Actually, something crazier happened the next day with BLSI. Around 8:55a, an mm (will go unnamed for now) was pretending to bid at 10, 2 1/4 above the close of the previous day. I immediately hit his bid with a preference order, and within 5 seconds, he backed away and went over to the ask side offering the same stock at 6. In the short sweet space of 5 seconds, the same mm switch from pretending to be a buyer at $10 to a seller at $6 -- witnessing that, I just told myself we are living in a very interesting time. Again, thanks, Kimberly