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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: ZombieMike who wrote (823)12/20/1998 4:45:00 PM
From: Rob  Respond to of 2004
 
Zombie:

You're right on with this one! "In OMKT's favor,they do trade above 1M shares a day which is better than most of my past roach motels." That does give a person a little more confidence in being able to get OUT if necessary.

Always keep in mind that the MM's are not a monolith, or even working together. They compete just like any set of traders, so the notion that "they" weren't "letting" the stock rise is a little misleading. Stocks rise and fall based on the supply/demand equation and the day's trading, not on MM manipulation. It's natural to think that there's a plot of some kind out there on the part of the MM's, but that kind of thing only happens in the micro-cap market these days, not on larger issues like OMKT. Just IMHO.

Good luck this week. This is probably a better roach than most. Rob