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ajtj99

07/07/04 11:58 AM

#266139 RE: Zeev Hed #266129

If you have a large position relative to the daily volume, I got out of a situation like that by having my broker put in a "not held" order (their suggestion).

They take the entire order you want to sell, but they somehow don't show the quantity for the ask. My sell got posted in A/H. I'm not sure how they did it, but they did. It may be worth an inquiry. The stock I sold dropped another 5% the next day after trading flat all day long the day I sold in a bad market.
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Train Guy

07/07/04 12:15 PM

#266145 RE: Zeev Hed #266129

Can you do an iceberg, or I've seen them called reserved orders where only some of the size is shown? Can the MMs see the whole size or is it even hidden from them? I haven't figured that one out, or seen anything on it. Seems like there is a lot of that on HAUP.

Might have to wait a few days to see if it might bounce. It has broken support at 5 though. Unless some buyers suddenly show up, no matter what you do, you're going to be screwed. Volume has actually been falling since March when it started spiking up.