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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)

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To: David Patrick O'Connor who wrote (4032)11/5/2001 10:35:02 PM
From: (Bob) Zumbrunnen  Read Replies (1) of 4081
 
Agree.

We've been getting some really noteworthy volume lately, which makes me a bit suspicious, especially with little price movement.

MoneyFlow was pretty strongly positive. There is quite a bit of buying interest right here, but Robbie Stephens has a heckuva lot of shares for sale. Makes me really wonder when a house that doesn't have analyst coverage on the company has (or has a client who has) a LOT of shares for sale when one would think, at face value, that most of the bad news is now priced in and good news is slowly coming out.

When I see someone sit on the offer all day with a seemingly infinite number of shares for sale, it makes me wonder if someone knows something bad that I don't know yet.
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