FRANKLIN TELECOM (FCM) 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 : FRANKLIN TELECOM (FCM)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: george eberting who wrote (1923)	9/17/1999 11:44:00 AM
From: David D.	Read Replies (1) of 2891

When we have a lot of Volume and little price movement, it means that there are Buyers and Sellers. The people who bought in the past are are locking in Profits by selling. At the same time there are a lot of people & possibly institutions waiting on the sidelines to gobble those shares up. This is known as setting a Base. Once those weak (selling) shares are gobbled up, we move up. The other situation could be that those wanting to lock in their profits would do so but IF there weren't encough buyers, the stock would fall. That is NOT THE CASE. We are setting a Base. We are Churning Shares. THat will allow us to move up, soon. David D.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next