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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: jon zachary who wrote (4099)4/20/1999 5:17:00 PM
From: Lizzie Tudor  Respond to of 28311
 
me too I'm uncomfortable with the choppyness of this stock. This is the lowest float stock I have ever had since I usually stick with the real blue chips. I don't like 122 share executions on 400 share orders, I just hope this is all related to outstanding shares and not something else. (manipulation, etc)



To: jon zachary who wrote (4099)4/20/1999 5:43:00 PM
From: GraceZ  Read Replies (1) | Respond to of 28311
 
i am praying it is a 3 for 1 split because of these spreads. every day
they bother me more. this has to be the most iliquid stock i have EVER
seen

Here are the suspects on that spread:

nasdaqtrader.comâ„¢Type=1&View.x=37&View.y=9

Take a look and you'll see that 57% of the volume on GNET is by three MMs- NITE 27% MASH 18% ISLD 12% I believe that both NITE and ISLD are ECNs....which means that bulk the spread is set by a computerized match up between buyers and sellers. Please, correct me if I'm wrong on those two assumptions. So, we have met the enemy and he is us.