Simple Technology - STEC 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 : Simple Technology - STEC

STEC 1.590

+65.6%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rudy who started this subject	3/12/2002 4:35:46 PM
From: Rudy	of 36

Short squeeze (?). Good day my fellow STEC'ers! It looked a little like a short squeeze to me. Ask was rising quite fast on retail like small size orders. Nevertheless, there were enough large size trades to keep things in order and squeeze the life out of some weak hand short positions. Well, I sympathize with shorts. It is not as easy as doubling down on your falling bet when one's long. You have to send good money after the bad with the fear of limitless losses confusing your logic sensibility. Acting out of fear or ego is a self-destructive trait. Market makers played it well. I counted about (16) 5K+ trades where (3) of them were 15K+. All and all good volume, 315K, well above daily average. Once again, congrats all the longs. The trend seems intact and moving. Moving averages sloping up. Things in order. Good luck everyone. Rudy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next