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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?


To: CPAMarty who wrote (541)3/28/1999 10:44:00 PM
From: Raven McCloud  Read Replies (1) | Respond to of 2515
 
Marty, bid=ask last friday was probably
an anomoly due to the way the MM move the
B/A around so much.

I've said this before, I'll say it again
for those who don't watch RT quotes of
IMCL continuously, the MM are a bunch
of jerk offs and seriously move the B/A
around on no volume-i've seen it.
What always irritates me with these MM
is how they create huge spreads, sometimes
up to a 1/4. Pisses me off cause the naive
investor buys into what looks like any uptick,
or the price looks like it's moving up.
The only reason it's moving is because the MM
are trading between themselves as well as investors.

Anyway, that's my three cents worth.