SI
SI
discoversearch

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 : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: victor pan who wrote (20039)7/31/1998 9:02:00 PM
From: chenys  Read Replies (1) | Respond to of 45548
 
I don't think the market makers would hold the price for very long if the selling pressure is that high. Some people, William for one though he was being humble, must be accumulating. They may trick you for 1/8 here 1/4 there to get themselves paid, but that is about it. THis is especially true if you put in a market order and the price is still undulating. From what I understand, it is the quick flow of number of orders that makes the price change, not the large block market order. Say, if 1000-shr buy orders keep coming every second, the mm's would get very uneasy and they would react and change the price. Contrarily, if 3,600,000-shr orders would come in just every hour (and nothing else follows in the next hour to come), they would be less worried and thus would be more willing to let the price alone...

Anyhow, is anyone out there monitoring the option activities today? Maybe we can get some hint from there.