SI
SI
discoversearch

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 : Vitech America tackles Brazil
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robt justine who wrote (57)6/22/1997 9:48:00 AM
From: songw   of 153
 
I expect -3 to 4 ,probably will gap down- the problem isn't only X% of
nervous holders that will sell at market (always a mistake on NASD) but also
the Barrons piece will attract many shortsellers, increasing the downward
pressure.

Sometimes on news like this market makers gap way down to flush out weak holders and to discourage the
shorts from coming in- then raise slowly until they find the point of resistance. Thats another possible scenario

Good luck to all of you
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News