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Non-Tech : Cendant Corporation (NYSE:CD) -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (2981)2/3/1999 2:19:00 PM
From: Benkea  Read Replies (1) | Respond to of 3627
 
Your daytrading info. is why I used 50%. This board along with most others is primarily bullish on CD, and if I had said what you said, I probably would have been flamed. You and I both know that 50 mil shares in a company with an 850 mil float and a 5 to 6 mil average daily vol, would greatly impact price.

"Keep in mind that for every buyers there has to be a seller."

That is a fallacy. That is what specialist are for. They short stock to sell to buyers when there are too many and they buy from sellers when there are too many.