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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: steve goldman who wrote (3407)7/23/1998 4:56:00 PM
From: dealmakr   Read Replies (1) | Respond to of 4969
 
steve,

A question that I would like to ask you. In trading stocks on the OTCBB if you watch the time and sales prints, a lot of times there are double prints of trades. It doesn't happen all of the time, but frequently enough. Is this a possible crossing of trades between market makers? Just trying to understand how to watch the time and sales better. Any insight would be appreciated. Thanks in advance.

Dave



To: steve goldman who wrote (3407)7/23/1998 7:19:00 PM
From: cool  Read Replies (1) | Respond to of 4969
 
A question on MMs shorting a stock. Do they
ever have to cover their short positions?
Or can they continue to short without regard
to the actual float?

I noticed the short position on AMZN is larger
than the float. If naked shorts never have to
cover, they can forever increase their short
position making in effect an artificial float.