Vari-L (VARL) 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 : Vari-L (VARL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J Stone who wrote (1182)	9/10/1999 5:19:00 PM
From: Robert Sheldon	Read Replies (2) of 2702

Nice volume jump today giving us a related price rise. No kidding. It was slow this afternoon so I was watching the VARL tape . . . Guess what? From ~2:00PM EST 'til close 55,200 shares out of the 73,900 shares traded (58% of the day's volume) were unmistakably buys. In other words the trades were all marked as “highs” for the day. Another 13,500 shares could be counted as buys but could be market makers finding volume. Who knows. Anyway, it is clear that someone wanted VARL today, and a bunch of it - in a two-hour period. This is one of those rare situations where the NASDAQ share count is actually correct in that the total is the total, not double counting. I am very interested to see how we proceed next week. As you all know I do not pay a whole lot of attention to technical moves, but today's action caught my eye.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next