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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: bc_mack who wrote (2099)12/1/1998 1:00:00 AM
From: J. Stone  Respond to of 4903
 
For all the ONSL traders who got screwed today...

I was watching ONSL all day today at work (on a Level II machine), and believe me, there were lots of people who got reamed today on this stock.

There were trades going off in the $80's and 90's long after the stock tanked, and there were trades being printed in the $40's and 50's after ONSL ran back up. (And these were not "late" prints, IMO; they showed up long after the stock had turned.)

The market makers smelled blood today, and they acted accordingly...

regards,

JS