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To: joe inti who wrote (437)9/3/1998 7:17:00 AM
From: ChrisJP  Respond to of 608
 
Hi Joe,

If it's any consolation, the 15,000 shares traded at 5 1/16 was a buy, according to my Schwab real time. (no, not by me !). Can't say about the 15,000 traded at 5 1/8.

Unlike the week before, this time 1000+ share blocks were going at the ask while the 100, 200 shares trades were going at the bid.

No clue why the price dropped yesterday with the buying. I wish a could follow an MM for 1 day and find out how the hell they operate !

Regards,
Chris



To: joe inti who wrote (437)9/3/1998 4:38:00 PM
From: ChrisJP  Read Replies (1) | Respond to of 608
 
Hi Joe,

I was able to check some of the large blocks today. My Schwab real time indicates that many of the big blocks were buys, just like yesterday. Maybe the shorts are finally covering ! But I still don't understand how they could keep the bid/ask down on so much obvious buying.

Regards,
Chris


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