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To: Chuck Hekman who wrote (7103)8/5/1998 11:04:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 10786
 
Chuck, check out this chart:
host.telescan.com

Notice the last trade of the day and how the MMs tanked the stock on it. Just one trade it appears. Can you say "margin call"?

I still am not sure whether someone is unloading a large position or whether ALYD is being shorted like mad. If someone had a margin call and wanted to unload, say, 200K shares, would they just unload even blocks of 10K throughout the day, or would they try to disguise it as odd lots (i.e. 8500, 10K, 5K etc.)? Would someone shorting 200K shares take the same strategy in selling?

This is maddening.

- Jeff