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 : OSFT - Objectsoft

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doc Horror who wrote (588)7/20/1999 2:07:00 AM
From: Lawrence Burg  Read Replies (1) of 694
 
I'd agree w/you on OSFT being kinda spent. Resistance from the 50 & 20DMAs is one thing. What's happening here is completely different.

There must be some shares being added to the float.

I need to recover the trade log from 9:30 to 10:30, but the tallies I have after 10:30 look like this...

Bid or below...664,800
Split...81,300
Ask or Above...458,400

...which will look quite bullish, once the totals from th first hour are cranked in. I can't understand why the price keeps getting whacked...hard...do you have a block trade of 245,500 at 2:13:54 that went at the 1 13/32 bid? Who has incentive to keep the price low?

It's encouraging that the broader based volume continues to buoy up the price, but it's getting a little ridiculous...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext