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Biotech / Medical : Techniclone (TCLN) -- Ignore unavailable to you. Want to Upgrade?


To: Terry D. who wrote (3055)5/3/1999 10:46:00 AM
From: Sea Otter  Read Replies (1) | Respond to of 3702
 
Well? Our little canine is showing some pep this
morning. Nice to see us over that $1 hurdle.

Anyone have ideas on why we're moving?



To: Terry D. who wrote (3055)5/6/1999 9:04:00 PM
From: cjgaddy  Read Replies (2) | Respond to of 3702
 
Weird Theoretical Question for Davis, Shero, Terry, et al...

Whenever I see a stock sit still like we did today, a strange thought enters my mind. It's purely hypothetical (I suppose), but I am curious what you may think of the possibility…

What if a “battle” arose against 2 deep pocket, hard-headed Big Shots. Mr. “S” is bound & determined to NOT let the stock rise above 1.00, and Mr. “L” gets vibes of what “S” is up to and becomes equally bound & determined to see that the stock DOES NOT DROP below 1.00.

So these two place their GTC Limit Orders as follows:

“S” places order to SELL 5,000,000 Shares at a limit of 1.03

“L” places order to BUY 5,000,000 Shares at a limit of .97

This scenario intrigues me. What would happen that day?

My guess is Very LOW Volume, with the price hovering very close to 1.00 all day, but I want to know what you folks think. Is this truly a “hypothetical” situation only, or could something like this ever happen (TCLN or otherwise)?