There were pending warrant conversions and institutional investors feared that the management came and sold at higher levels. Parekh spotted the change in management and the company's new drug discovery system becoming successful. He sold this story again and reaped a rich harvest. Global, Himachal and DSQ Software will not fit in the universe of an institutional investor, but for Parekh's presence. Parekh is also one of the few brokers who understands the power of online trading.
Most operators work through a large team of trusted dealers and jobbers.
An operator would also need to indulge in buy and sell orders so that his dealers remain quite confused on whether he is in or getting out. Every big broker has enough enemies. These are the people he has crossed or the people who crossed him on his way to the top. There are two ways of judging this. One is the level that a stock reaches and then declines.