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Non-Tech : Barginstocker's Thread - Just small potatoes -- Ignore unavailable to you. Want to Upgrade?


To: Ernest R. DeSaye Jr. who wrote (51)3/9/1999 5:05:00 PM
From: Lazarus  Read Replies (2) | Respond to of 73
 
Just a few days ago I read somewhere on SI about how the Market Makers deal with selling shares when they dont have them. I forget where I read it though...but it was very good reading.

Todays buys went across the tape as buys. With my system I identify a naked short when the mm passes a buy as a sell and then lowers the b/a.

This should be very interesting.

FWIW - Someone did email me and told me they were thinking of buying 5% of the company. The amount of shares bought today just happens to total about 5%

Lazarus