Avant (AVNT) Message Board

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Technology Stocks : Avant (AVNT)

AVNT 30.90

-0.1%

12:39 PM EST

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To: Chung Yang who wrote (1253)	10/28/1997 5:30:00 PM
From: Cosmo Daisey	Read Replies (2) of 3441

Chung, Take a look at the AVNT chart and I will walk you through the manipulation of the price. Starting on April 16, 1997 the large holders suddenly realize their core value is under water and they must bring the price up to get out. Starting at 9.75 the price moves up to $36 on 7/14/97. Looking at the patterns on the chart you will notice the price moving up and pulling back with an overall positive bias. The sell offs come following the upside activity. The stock is renewed and moves up again to be sold off again. The highs get higher and the lows get higher. In august and September they realize they can't move the price any higher even though they try during the second week of Sept. Now a negative bias emerges and the lows are getting lower and the recovering highs are getting lower. Todays trading took advantage of the overall market volatility to suck some new players into the game but it will take an act of congress to change the bias of this stock. Coz

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