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 : Identix (IDNX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David who wrote (14570)8/27/1999 6:04:00 PM
From: Ron Ohio  Read Replies (1) of 26039
 
Dave

Lord Abbett had 606,000 shares at the end of April. So they increased their position by 400,000 shares over roughly a 3 month period.

The weakness in the market might be the retesting of the lows. That would give us a double bottom or "W". It would be bullish if IDX doesn't come close to the low of 7.

Another thing that bothers me is why doesn't IDX have a private placement of the Ascom stock instead of doling it out slowly. This has a damping effect on the stock. There is only one reason I can think of why they are doing this. It would tend to keep a large chunk of stock from quickly falling into unfreindly hands. Do you have any ideas on this?

Ron
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News