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Non-Tech : PETM - Petsmart
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To: Gary Stern who wrote (1483)8/23/2000 1:37:48 PM
From: Bruce L  Read Replies (1) of 1508
 
Re: Slow Trading Prior to Earnings

Trading today is less than 1/3rd of that the past 2 days. Far fewer block trades: only 3 >10,000 shares (20,000 at 4 1/2(bid), 15,000 at 4 31/32(ask) and 10,000 at 4 11/16 (unsure))

In sum, it doesn't mean much, just nervousness. IMHO, the risk reward equation favors further buys. Bought 3000 more this A.M.
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