Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Wuihan Cheah who wrote (431)	8/12/1997 3:36:00 PM
From: Wuihan Cheah	of 7396

Right around 2pm ET, there is this HUGE block going through. I think it's something like 3 mil. shares, but on the PETM thread, a 4 mil. was mentioned. Anyway, I believe that's either the institution is dumping the shares or some insiders are dumping. But what surprises me is that, the price only drop from 8.25 to 8 and the trades were totally filled. Somebody's buying, that's for sure. I do hope that the institutions are dumping and the insiders are loading. Insiders know when is a good time to get in.. but if it's the other way round, it won't hurt either. SOMEBODY IS buying at 8 to form a strong base here. Opinion? WH

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