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Technology Stocks : PrimeStar: Investment Forum

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To: PF who wrote (22)11/21/1997 2:39:00 PM
From: Paul Weiss  Read Replies (3) of 28
 
Pete-- About a week ago I mentioned that I was watching my charts, looking for signs of interesting activity. Well, we're getting that today. Stock is up 1/2 ($6 7/8 -$7). Big deal? Over two and a half million shares traded so far! Options expirations does not justify this sort of volume. I think some really big player(s) are using the options expiration as a screen. That would suggest little additional price movement for a (boring) trading range... followed by another surge and greater price appreciation. This stock has the potential to lull you to sleep between events. That, my market mentor Yoda, stressed is the time to pay the most attention. Paul
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