Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Screening for Winners -- Ignore unavailable to you. Want to Upgrade?

To: Larry Grzemkowski who wrote (34)	3/22/1999 8:50:00 AM
From: LemonHead	Respond to of 45

Larry, Thxs maybe I won't have to go to summer school after all.<ggg> Keith

To: Larry Grzemkowski who wrote (34)	3/30/1999 11:28:00 PM
From: LemonHead	Read Replies (1) \| Respond to of 45

Is there a place for Block Trades in Screening? I would like someone to point me in the right direction. Here is one for an example. Bethlehem Steel (BS) 1,000,000 at 8-3/16, off 1/16 crossed by Jefferies & Co. I assume that Jefferies has just purchased an inventory of BS for a market on that stock based on what they perceive to be a future and profitable opportunity. Who did they cross from? Or were they the conduit for the transaction for two other parties? Am I wrong to believe that the big houses buy up inventory at low prices and then mount a marketing campaign to sell this inventory. Am I also to think that on 1,000,000 shares there were no hidden discounts or some other type of motivation for such a grand transaction. Don't they profit from their own market makers? I noticed along time ago that some of my trade tickets have a phrase that goes something like this "We make a market in this equity". So thinking back I feel that they either purchased a mass of shares or brought the equity to market as a new born. And if the house brokers are successful on average hype to generate an increase in value as well as an increase in volume then it appears that one might achieve short term gains of 15% or more. Can one assume that Block Trades formulate some sort of future activity in an equity and is it sound to screen and track? LemonHead