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To: Qone0 who wrote (271)9/22/1998 3:45:00 PM
From: Madeleine Harrison  Read Replies (2) | Respond to of 631
 
You could be right, but even so, the trade takes place between
the MMs as they represent the buyer and seller.

There are so many scenarios with this sort of thing. A real
seller and an mm who just wants inventory, for instance.

Also, I have seen MMs just bounce shares back and forth
to each other to create the illusion of liquidity or to
excite buyers when they--the MM's are ready to run a stock up.
That practice, BTW, is called "scamming" a stock up. I learned
that from the MM with whom I trade :-) Lovely, eh?



To: Qone0 who wrote (271)9/22/1998 4:30:00 PM
From: Alan Markoff  Respond to of 631
 
If the 5k seller stops i will take a position.

I do not think MM's would wait till late morning through the
afternoon to throw 5,000 blocks around especially when they are
spaced out throughout the day (30 min, 1 hr ect.... intervals).
Just my thoughts...........

IKAR
NAME TIME E LAST LAST_VOL BID ASK SIZE T Q
IKAR 3:39 8 0.200 5000 Typical 5,000 sell
IKAR 3:26 8 0.200 5000 Typical 5,000 sell
IKAR 3:05 8 -- 0 0.200 0.250 50x50
IKAR 3:03 8 0.230 5000 Typical 5,000 sell
IKAR 3:02 8 0.230 5000 -- --
IKAR 3:01 8 -- 0 0.200 0.280 50x50
IKAR 2:23 8 -- 0 0.230 0.280 50x50
IKAR 2:22 8 -- 0 0.230 0.240 50x50
IKAR 2:21 8 0.240 10000 -- --
IKAR 2:04 8 -- 0 0.210 0.240 50x50
IKAR 2:04 8 -- 0 0.210 0.250 50x50
IKAR 2:03 8 0.250 10000 -- --
IKAR 2:03 8 0.240 5000 Typical 5000 sell
IKAR 2:01 8 0.240 10000 two 5,000 blocks
IKAR 2:00 8 0.240 5000 Typical 5,000 sell
IKAR 1:54 8 -- 0 0.240 0.250 50x50
IKAR 1:54 8 0.240 5000 Typical 5,000 sell
IKAR 1:54 8 0.240 5000 -- --
IKAR 1:53 8 -- 0 0.240 0.280 50x50
IKAR 1:53 8 -- 0 0.220 0.280 50x50
IKAR 1:40 8 -- 0 0.200 0.280 50x50
IKAR 1:35 8 0.250 100000 -- --
IKAR 1:34 8 0.248 100000 -- --
IKAR 1:20 8 0.200 5000 Typical 5000 sell
IKAR 12:35 8 -- 0 0.200 0.250 50x50
IKAR 12:32 8 0.210 5000 Typical 5000 sell
IKAR 12:26 8 -- 0 0.210 0.280 50x50
IKAR 12:25 8 -- 0 0.210 0.250 50x50
IKAR 12:25 8 0.250 3000 -- --
IKAR 12:25 8 0.240 3000 -- --
IKAR 11:57 8 0.230 6300 -- --
IKAR 11:57 8 -- 0 0.200 0.250 50x50
IKAR 11:30 8 -- 0 0.200 0.230 50x50
IKAR 10:02 8 -- 0 0.187 0.230 50x50
IKAR 10:02 8 0.210 8000 -- --
IKAR 10:02 8 0.210 8000 -- --