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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: genejockey who wrote (14609)	2/25/1999 8:30:00 PM
From: QQ Q	Read Replies (1) \| Respond to of 122087

I believe Raymond James has a strong buy recommendation on this stock. The bid merely reflects the firms retail interest at any give time. Most MM only display 100 share size now to negate the effect of so called "soes bandits". New trading rules have made MM collusion virtually impossible, especially on larger, actively traded issues

To: genejockey who wrote (14609)	2/25/1999 8:37:00 PM
From: Never Hibernate	Respond to of 122087

<< Someone on daytraders IRC mentioned that RAJA may have been trying to prop up the price so that other MM's (that he may have been colluding with) could sell short at the inflated price... Does this make any sense?>> This might make sense...but I am not an experienced MM! Would this be a feasible collusion scenario: RAJA accumulates a ton of stock at the high prices as Not Howard was describing. Several other MMs get together when the time is right and short the hell out of OMGA and cover with the stock that RAJA bought. Of course this hurts RAJA - so the other MMs would first use the short sale profits to cover RAJA's losses created by buying the stock like crazy at 10. The remainder gets split up amongst the colluders - probably with RAJA walking away with the largest profits because he risked getting screwed by his coconspirators. Does that make any sense whatsoever? -NH

To: genejockey who wrote (14609)	2/26/1999 1:54:00 AM
From: Richard Miller	Respond to of 122087

RAJA, RAymond James is located near OMGA in Florida. I imagine they were in the underwriting group, and the rich Cruz Brothers who own most of the company, could be propping it up through RAJA. Just an informed guess. I'm short. Also could be Anthony's end of the month push. They have a lot of retail brokers. Richard

To: genejockey who wrote (14609)	2/26/1999 5:17:00 AM
From: tsunami	Read Replies (1) \| Respond to of 122087

It was very noticeable that RAJA, on several occasions, seemed to show the best bid usually in the 10's. RAJA always kept showing just 100 share bids but was evidently accumulating in the 10's as numerous sells went off in the 10's at times when RAJA was the only bidder in that range. Someone on daytraders mIRC mentioned that RAJA may have been trying to prop up the price so that other MM's (that he may have been colluding with) could sell short at the inflated price... Does this make any sense? No, it does not.