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


To: ratan lal who wrote (2695)12/22/1998 1:59:00 PM
From: PJD  Read Replies (3) | Respond to of 4903
 

A big reason is the size of the respective floats...UBID
and EBAY have a smaller float than ONSL....I also
believe the MM's are playing with it somewhat...for what
reason I don't know...my suspicion is they want to get
more shares at a lower price for future trading....but
thats just a guess.......



To: ratan lal who wrote (2695)12/22/1998 2:01:00 PM
From: James H. Irwin  Respond to of 4903
 
Yeah, UBID has 1.5 million shares which float, or in laymen's terms, are free to trade. The smaller the float the more volatile the price moves.

All a function of supply/demand.



To: ratan lal who wrote (2695)12/22/1998 9:54:00 PM
From: StormRider  Read Replies (1) | Respond to of 4903
 
With UBID up 41, EBAY up 8 WHAT is the logic for ONSL to be down 1??

That's because I bought into it today. That's how my luck has been lately. I hope the AOL announcement will help tomorrow.