Teligent Message Board - Msg: 11399734

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 : Teligent

TGNT 0.0376

-16.3%

Nov 4 3:14 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Judith who wrote (204)	9/29/1999 4:25:00 PM
From: The ChrisMeister	Read Replies (1) of 270

Anybody still following TGNT? It broke its technical support level about two weeks ago and has now gone into oversold territory on the daily RSI. I'd been wanting some shares for a long time, so I took the plunge just before the close @46. A lot of volume came in in the last hour in the 46-47 area. Could have been daytrading short covering or longs throwing in the towel, but we did 90k shares just in the last ¼hr. I'm guessing it's been end of the month/quarter selling hitting it hard the last four days. The selldown from the 60's seems unwarranted on a fundamental basis, even if WCII is having a problem or two. * ChrisMeister

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next