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To: peter matson who wrote (8383)10/13/1998 1:47:00 PM
From: Andrew  Respond to of 26850
 
They might be creating a market for the stock just to dump some of their large position. Maybe someone could elaborate further.

Andy



To: peter matson who wrote (8383)10/13/1998 1:51:00 PM
From: Taz  Respond to of 26850
 
$$$$$$$$$$$$!!

L8er,
Regards,
TAZ



To: peter matson who wrote (8383)10/13/1998 5:56:00 PM
From: maintenance  Read Replies (1) | Respond to of 26850
 
If they do this daily, they can make a lot of money. If they make .05 on 200000, that's $10,000 per day!

Further if you look at the numbers, you will find that most days that they are accused of doing this, it simply is not true. The last time they were accused of doing this I added up their trades, for every share they sold, they bought nine. Today that doesn't seem to be the case but I haven't done the arithmetic.

Cheers