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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: Kevin who wrote (4410)10/28/1998 1:11:00 PM
From: Deano Ferrari  Read Replies (2) | Respond to of 11417
 
Just a little aside anyone heard from French Bikini these days?

Ferrari.......always red



To: Kevin who wrote (4410)10/28/1998 1:17:00 PM
From: Peter Caradonna  Read Replies (1) | Respond to of 11417
 
Yes there was a gap and REAL jerky trading. Pre market bid was up to 6 1/4.

My theory is that someone (MM possibly) built up an inventory of shares over the last few days from 2.5 to 3ish. Then at market open they had a limit 5 sell then flushed the rest for what they could get.

Here's an idea of how to get over 5 for a while. Get someone to suck up 5 or so million shares. They would need about $20M. Then file a ton of papers with the SEC.

Now who'd do that?

p