SI
SI
discoversearch

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 : Zenith - One and Only

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dennis W who wrote (3618)12/13/1997 4:26:00 AM
From: Scott Lerner  Read Replies (1) of 6570
 
I believe that the 64300 block was an institution dumping. It happened on a downtick. I also believe that the buyer was a short covering. The buyer was bidding for 60000 at 6 1/2 at the time of the trade. Some institution saw that liquidity and decided to "move their block" all in one piece. The short probably never imagined that their scare tactics would be so effective at creating sellers down here!

We need some help from ZE.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext