Here are net buy/sell figures for one of my stocks, SAGE. The share price has dropped from over $9 per share to $2 per share during the past 3 weeks when there have been many more Buys then Sells. This information was gathered from the Raging Bull thread for SAGE:
ragingbull.com
By: StoneMerchant Reply To: None Saturday, 1 Apr 2000 at 9:20 PM EST Post # of 13076
Latest Buys, Sells, Accumulation:
The data up to 02/25/2000 was provided by wanna_be_rich.
Shares Shares Avg Buy Avg Sell Net Date Bought Sold Price Price Accumulation ------------------------------------------------------------------------------- Oct-Feb 29 34,234,054 17,999,061 16,234,993 03/01/2000 633584 442765 4.054 3.953 190819 03/02/2000 393730 252195 3.565 3.496 141535 03/03/2000 412318 280055 3.976 3.956 132263 03/06/2000 816888 625263 5.367 5.348 191625 03/07/2000 602469 450173 6.342 6.257 152296 03/08/2000 623014 431675 6.560 6.540 191339 03/09/2000 878138 691732 8.742 8.687 186406 03/10/2000 845680 677880 7.344 7.235 167800 03/13/2000 430081 309302 6.309 6.227 120779 03/14/2000 509883 349173 5.580 5.474 160710 03/15/2000 442185 219128 5.116 4.913 223057 03/16/2000 780018 358942 3.552 3.457 421076 03/17/2000 407774 300907 5.426 5.489 106867 03/20/2000 446312 320930 4.938 4.849 125382 03/21/2000 309306 194346 4.173 4.085 114960 03/22/2000 103791 77050 4.485 4.384 26741 03/23/2000 106037 75499 4.330 4.278 30538 03/24/2000 106376 82425 3.852 3.770 23951 03/27/2000 226117 117720 3.592 3.597 108397 03/28/2000 167358 130362 3.313 3.275 36996 03/29/2000 243614 142779 3.010 2.969 100835 03/30/2000 422624 230875 2.480 2.533 191749 03/31/2000 676326 412665 2.652 2.749 263661 ------------------------------------------------------------------------------- Total 44,817,677 25,172,902 19,644,775
The numbers suggest the known MM manipulation. NO SELL-OFF. No weak longs buying from strong sellers as saywhat2222 suggested Thursday. It is frustrating but I believe we will be rewarded for our patience.
|