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Technology Stocks : Semi Equipment Analysis
SOXX 306.040.0%Dec 26 4:00 PM EST

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To: sixty2nds who wrote (28648)2/16/2006 9:42:52 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 95640
 
It's impossible to tell. Unless some hedge fund made a huge bet against INTC. The volume is so high (avg 70 m share/day = $1.5B every day). If there is a significant net change in portfolios, then there should be more movement in the stock price. And if it is just churning, who has the daily buying power to buy that many shares every day (even if they sell them before close). And whether long or short, how can they be sure about liquidity for such huge positions ? Every moment of the trading day, there are 100k shares on the ask size, and 100k on the bid, which refresh continuously. One penny apart. This extremely heavy volume in INTC is a mystery to me.
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