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 : Semi Equipment Analysis
SOXX 312.18-0.2%Dec 9 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sarmad Y. Hermiz who wrote (3827)7/3/2002 12:37:37 PM
From: robert b furman  Read Replies (1) of 95546
 
Hi Sarmad,

I believe the specialist is the source of your shares being sold.They can create shares by selling short - they also cover at the end of the day.

The velocity of shares is greatly skewed by this short selling /churning.

When the shorting stops is when accumulation occurs to an extent that float is reduced and the specialist no longer feels comfortabl;e risking creating the short.

At that time he'll be much happier holding his appreciating inventory.

JT's thread shows a huge accumulation of stock by the exchange members.It doesn't happen overnight but it has been going on a long time already.

JMHO

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext