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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (342)1/4/2000 3:15:00 PM
From: Lawrence Burg  Read Replies (1) of 397
 
Similar to yesterday, I see CIBC sitting on the VSAT ask side, selling shares. Give it time.

WWES I can't figger any more. Why bother. In the black, I'll stick my fingers up my butt and do nothing. I did notice the last few days that the bid seems to be pretty thick, that is, it takes a good deal of selling to kick the bid down. Some new players on L2 scene too. NAIB & NFSC have been holding the bid pretty well. I wonder if word may be out to some extent, and the action into the close last Friday, the 31st, was some people that just got greedy, or got duped a bit. Nice to see it holding over 1 5/8, though, even if for just a few days.
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