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Biotech / Medical : Trinity Biotech (TRIBY) -- Ignore unavailable to you. Want to Upgrade?

To: Ace who wrote (10749)	10/31/1998 7:36:00 PM
From: munsters	Respond to of 14328

Ace, I'm stuttering again...... This is powerful !!!!

To: Ace who wrote (10749)	11/3/1998 8:22:00 PM
From: AgAuUSA	Read Replies (2) \| Respond to of 14328

Ace, <<For those that have bought low recently consider a stop loss of 1.50.>> I have a theory regarding stop loss orders. 1) The MM may read this thread 2) They knew of your stop loss price suggestion. 3) The MM knew that earnings are due tomorrow and that the recent buying had exhausted their inventory. They then examined the open orders in their book for stop losses at and near the target $1 1/2. Subsequently, in order to pick up these cheap shares, I believe they brought the stock down on slim vol ( quote.yahoo.com ). They then scooped up the stop orders and kept the stock depressed for the remainder of the day. Guess we'll know tomorrow. Hope not to many were stopped out!!!