N NasdaqTrader Jul 18, 2002 #1 How did LLY open today unchanged at 50.90 on bad news?Bet the specialist shorted that open. Thing dropped over 7 points right after it opened.
How did LLY open today unchanged at 50.90 on bad news?Bet the specialist shorted that open. Thing dropped over 7 points right after it opened.
F flea Jul 18, 2002 #3 Originally posted by NasdaqTrader How did LLY open today unchanged at 50.90 on bad news?Bet the specialist shorted that open. Thing dropped over 7 points right after it opened. More... More likely that he got long at 44. It then went up in a straight line to 49
Originally posted by NasdaqTrader How did LLY open today unchanged at 50.90 on bad news?Bet the specialist shorted that open. Thing dropped over 7 points right after it opened. More... More likely that he got long at 44. It then went up in a straight line to 49
