Trader J's Inner Circle Message Board

STOCKTALK

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.

Strategies & Market Trends : Trader J's Inner Circle

NVDA 183.78

-0.6%

Dec 10 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Poet who wrote (3851)	1/11/1999 4:17:00 PM
From: Shmar10	of 56535

ALMI (s) Finished very close to intraday high on about 3x ave. vol. About 125,000 shares traded in the last 20 min. today. The only info I could find were rumors on SI board and Yahoo board. Seems this has been building since last week. ALMI finished strong fro the last week or so and has gapped up a bit last few days. The rumor seems to center around a new contract to be announced Tues or Wed. of this week. I have been following ALMI for a few months and this has been the greatest amount of vol. since end of Nov./beginning of Dec. Date Open High Low Close Volume Adj. Close* 2-Dec-1998 3.625 4.25 3.5 4.125 949,700 4.125 1-Dec-1998 4.5 4.9375 3.5 4 1,476,500 4 30-Nov-1998 4.875 4.875 4.5 4.875 5,889,400 4.875 27-Nov-1998 2.6875 4.75 2.6875 4.5 2,151,600 4.5 Is it significant that on the days the vol. was over 1M that the price did not break 5, but today with a vol. close to 1M it got over 5 and closed at 5 (up 22%)? Seems something is brewing. Any other insight? Shmar

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next