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Technology Stocks : Tekelec
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To: LemonHead who wrote (1596)9/24/2001 8:02:49 PM
From: BWAC  Read Replies (1) of 1648
 
You'll find out soon enough if it was a buy or sell. Might want to keep an eye on the SEC filings to see who made the move.

If it was a sell, it was a bail at a loss, because TKLC hasn't been this low in about 3 years.

Either way, I call BS on a 899,000 share trade in afterhours for such a small company. If somebody wanted to buy or sell TKLC in that size they should have had to do it on the open market, rather than in some arranged trade where the market maker accumulated shares while hiding the buying/selling interest, and then flipping them to the client at a profit on the close. Thats rigged and deceptive as hell.
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