Concurrent Computer (CCUR) Message Board

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Technology Stocks : Concurrent Computer (CCUR)

CCUR 1,940

-22.4%

Jul 30 2:38 PM EST

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To: jeffbas who wrote (10100)	7/13/1999 5:40:00 PM
From: steve olivier	Read Replies (1) of 21142

Jeff, I agree, but SNDV is the ax in this stock. When they get on the offer, the stock is dead until they move. They can also stop a decline or cause the stock to lift by moving in on the bid. It seems to me that the SNDV trader knows he can influence the stock. So if he wants to buy, why would he go on the bid and cause the stock to lift. My guess is if he wants to sell, he goes on the bid knowing that his action will cause the stock to lift, waits for other bids to top him and then hits the higher bids and drops his bid back down before anyone hits him. Or does he have to be in the box to buy and sell? Any day traders want to comment? FWIW, the stock feels like it wants to break through $7.

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