Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Bruce A. Brotnov who wrote (15579)	1/15/2003 4:39:39 PM
From: Bob V	Read Replies (1) of 16631

Bruce any idea what cause the slide in BLUD?? Over 5 million shares changed hands. Yahoo says there are only 12.4 million shares outstanding. 400,000 moved in the last 5 minutes. For a stock that averages 315,000 per day that’s a lot of stock to move. The biggest price decline came just after 11:00 on about a million shares. 11:43AM Volume Alert -- Immucor (BLUD) 22.00 -2.90: -- Update -- Hearing that sudden collapse is tied to a CJS Securities downgrade to Hold from Buy. ( From briefing .com) That hardly explains it. 5 million sold means 5 million bought. I looked for short covering at the end of the day but the price kept dropping. I guess we’ll see what transpires tomorrow. I guess the bright side is that it stayed above 20.00

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