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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (6997)8/7/1998 11:28:00 AM
From: Boob  Read Replies (1) | Respond to of 25711
 
Joe, Looking at Level2 for QTNT is VERYYYY interesting to say the least....

You're right that after the .59 ask the next lowest is .70. And ont the other hand, the bid is stacked; presently there are 3 mm's on the bid, and one just under the bid. This is the first time I've seen this stock stacked at the bid since it was at several dollars; have the mm's brought this stock to it's bottom? we will find out soon i guess.

BTW the trades going off at .56 today are buys. The MM BISH comes and goes with a midpoint ask. However, it does not show as the inside ask. When he's offering .56 the ask on a quote screen still shows as .59. He is very fishy, he was selling all day yesterday for .50 and .53 and making them appear as sells; i know, cause i bought them from him when he would appear with a lowball ask.

QTNT is it time to start heading north again? That is the question we shall find out shortly

Bid Ask Bid x Ask Date Time Telephone# Indicators
________ ________ ___________ ________ ________ __________ __________
BISH 0 x 0 08/07/98 11:21:05 2126020692 O U I
MHMY 0.531 0.969 25 x 25 08/07/98 10:09:53 8003333113 O F
HILL 0.500 0.750 50 x 25 08/07/98 09:51:26 8006313083 O F
BACH 0.415 0.790 50 x 25 08/07/98 09:30:11 8003778723 O F
SHRP 0.531 1.063 25 x 5 08/07/98 09:29:03 8003555781 O F
FRAN 0.531 0.875 25 x 25 08/07/98 08:57:36 8006313091 O F
WIEN 0.400 0.590 50 x 25 08/06/98 15:33:44 8008982777 O F
CARR 0.250 0.750 50 x 25 08/06/98 15:20:17 8002212243 O F
SOBE 0.375 0.875 50 x 25 08/06/98 10:20:09 9082261441 O F
ALEX 0.100 0.700 50 x 25 08/06/98 10:02:12 8004210258 O F
GVRC 0.250 1.938 50 x 5 08/06/98 09:57:11 8887140505 O F
PGON 0.406 0.844 50 x 25 08/05/98 11:20:37 8005218877 O F
CYCY 0.390 0.915 50 x 25 08/04/98 08:21:27 3102862211 O F