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Prosperity Bancshares Inc. Message Board

  • chiquitbumbalabimbomba chiquitbumbalabimbomba Feb 13, 2003 3:56 PM Flag

    Quite a cat and mouse game the

    institutional traders are playing with the specialist, put up an ask for 50,000 shares to try to scare other traders into moving the market down and get some volume on the downside to cover shorts with, then specialist puts up his bid for 50,000, this scares the trader into lifting his ask..or maybe it was the same trader on both sides of the market..ah who the hell knows, i'd have to have the specialist's limit order book in real time to really know and i don't feel like paying what it costs

    but very interesting nonetheless

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