SYNTEL (SYNT) - Upcoming Year 2000 IPO 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 : SYNTEL (SYNT) - Upcoming Year 2000 IPO

SYNT 40.99

0.0%

Oct 10 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JDN who wrote (2663)	2/4/2000 1:16:00 PM
From: gerald tseng	Read Replies (1) of 2761

My theory for the low volume: On the sell side: some day trader bought into the news and take the stock into 20s. Some less disciplined ones did not sell soon enough (w/o realizing the float is so thin), end it up sell it gradually. On the buy side: long term holders, probably not a lot of fools like us still own SYNT after last year. (Yahoo's thread volume is probably best indicator of a stocks following.) market of last week was so volatile, if I did not read up the tech. briefing, I would not dare to do some accumulation. But, even my buying was veru cautious. I have 4 buy order day B4 yesterday limit priced between 15.5-14. I got one filled, but didn't feel good enough (due to the market) to chase the stock once SYNT turned the corner. Well, a theory is just a theory. At least SYNT is slowly recovering. Low volume down, and now low volume up, I guess that's OK.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next