In my younger days I would have had a call at Merrill telling me 'exactly' when the seller was done and i'd have bought the last 100k shares from him. Too bad for time gone by...
In my younger days I would have had a call at Merrill telling me 'exactly' when the seller was done and i'd have bought the last 100k shares from him. Too bad for time gone by...
If the stock didn't bounce right away then I'd hit the bid, take my losses, and hound my broker for a significant chunk of the next IPO to make it up to me. Capice?
I remember those days!
We would cross 'em between the "Rock Creatures" and the institutions all day on the desk..............and for .06/share!
Those were the good old days.
ebo
PS: The really smart ones were not going long on a cleanup........
edited to protect the innocent!
Thanks Ebo, could have used all the relationships I could get back then. I didn't want to be so bold as to state the obvious (as you did at the end of your post). Suffice it to say that I made a lot of guys rich and put a few $$ in my own pocket at the same time. A good time was had by all! Best, Neal