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.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Dennis who wrote (53781)	7/24/1998 9:00:00 AM
From: D.J.Smyth	Respond to of 176387

Dennis <<you mean the crash is over all ready??>> the program trading can be deceptive. the houses involved will sell blocks in ANTICIPATION of selling from the commercials and the general public. For instance. They sold at $114 (short), and you in panic sold at $107. They give you the sold stock and make a $7 profit. If they can't find enough sellers, they must hurry up and buy back so as to not cover above their selling price. They also will buy blocks of stock in anticipation of buying. Not sure why Dell is one of their favorites to tag around the block though.