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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)

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To: Brasco One who wrote (1755)8/23/2000 5:54:10 PM
From: GraceZ  Read Replies (2) of 1884
 
Blocks have been net out for months (Institutions are dumping) but the small lots have been strong in (short covering, small players, who knows), which means that marginal shares are being soaked up and there is no price movement. MMs aren't involved because the market is liquid. The stock is putting in a double bottom. Upside resolution can be very swift in a situation like this, barring that there is no undisclosed bad news.
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