Ascend Communications (ASND) 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 : Ascend Communications (ASND)

ASND 218.22

-1.4%

Feb 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Simon who wrote (3622)	6/7/1997 12:33:00 AM
From: AlienTech	of 61433

Heres the turning point. Seems like a normal turn of events with some new news. 15:37 trading 100-1000 shares all on down tick. last trade 300 @ 45 15/16 15:38 comes in best bid/ask, bid 45 15/16 200 shares bid 45 15/16 4000 shares a few 100 share bids inside but not many. 100-7000 shares bid keeps increasing +1/8th 15:44 Bid size increases to 11600 and 10100 @ 47 1/2 sell sizes are all 100-1000 large bid sizes @ 47 5/8this not willing to pay higher 15:45 new buyer bid sizes of 5500, 4500, 4000,3000 up she goes, some small buys 100-300 etc 15:50 same old buyer 11100 bid sizes 47 7/8ths looks like big buyer does not want to push price up but little guy comes in and keeps pushing it but at 48 big buyer stops. all buys at 48 3/8ths were 100-1000 shares, small guys outa of money, down tick starts. So its looks again like the big money wins again at the expense of the small investor. Large >10000 share buys at < 48. So guess they do have a base. Dont think price will go much below this for a new support level.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next