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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.90-1.2%3:33 PM EST
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To: Tradegod who wrote (70112)7/27/1999 6:08:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 164684
 
>> These tend to be the most institutionally held, so draw your on conclusions.

I think institutions dumped a lot of stock in April. Of course it had to be an institution selling 50k shares yahoo. But that sale did not drop the price at all. It was at the high of the day. Meaning it was not a panic or a disgusted holder. It was several minutes later that price dropped. So to me that means retail traders kept lowering their ask price. There were no big blocks after that. What's your interpretation ?
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