SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Identix (IDNX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J L Segal who wrote (13073)4/17/1999 8:52:00 PM
From: David   of 26039
 
J.L., re: "When did you change your mind about institutional interest?"

I got some information recently that the move from $5.50 to $7 on March 30 -- the one that cost me some shares as I had to buy in at $6.25 as the stock ran away less than an hour before I showed up -- was an institutional buy. And since then, I have recognized the buying patterns of institutional buyers twice during the past week.

So my mind changed recently, based on very recent developments. But I think this buying is not end-of-quarter, but pre-merger and the subsequent announcements. Otherwise, it would not have continued into the past few days.

I think we could see some more buying ahead by institutional longs. As to shorts, they could start to cover, but then they could go short again since this run will end. Remember, it started at $5.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News