Brocade Communications Systems,Inc. (Nasdaq-BRCD) 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.

Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD)

BRCD 12.73

0.0%

Nov 20 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bsmith6757 who wrote (574)	8/5/2000 8:04:07 AM
From: gingersreisse	of 1583

I was surprised Bo held his short in the face of almost 2x usual volume and a double digit gain on Thursday. As a reformed short seller from years ago, that's usually a very red flag. Friday's move was solid, but on average volume. If past practice holds, the houses will continue to accumulate next week, and sell into the earnings buzz, which should be strong. BRCD reports on the 16th. On Thursday and Friday, Thompson showed 70% institutions, with strong buy interest, and high average trade sizes. That's been a bullish sign in the past. If the action continues into next week, and call spreads widen, I'll prob write covered calls on some of my trading shares while holding the LT piece. GSR

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next