InvestorsHub Logo
icon url

spencer

03/25/08 7:00 PM

#212075 RE: wireless_wazoo #212071

I've seen this mentioned a few times yesterday and today. Why would the market makers want to gather shares for fear of being out of shares when the settlement is finally announced?

If news comes out, and people want to buy at $30, but there are no shares, then raise the price to $35. If there are still no shares, raise the price to $40. At some point, there will be some people who want to sell, and at that point you will have shares. The market makers don't need to worry. They shouldn't need to manipulate. The free market works.
icon url

lastchoice

03/25/08 7:19 PM

#212092 RE: wireless_wazoo #212071

that was an options-related trade. many stocks on my list had large opening trades. also, it has happened, and been discussed on a number of options exp. days. huge blocks to open, on many different stocks.