Radica Games (RADA) Message Board

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Non-Tech : Radica Games (RADA)

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To: Anthony Marks who wrote (2068)	1/19/1998 10:50:00 PM
From: bajaseatrader	Read Replies (1) of 7111

The move was so fast I could not see who was doing the buying but whoever it was wanted them fast. It appeared to me to be a short covering rally because they did not want to give anyone time to jump in on the move but that is just a guess, Another possibility is a report has been written and the firm took their trading position prior to the release of the report or might have been the company finishing up their buy back.If you draw a trendline across the two spike lows it broke that line and rallied right back to it. If we get to16 I think we are in the clear.I would think everyone who was inclined to be a seller has sold. If it pulls back a lot of the traders and techs who missed the move will get in. FAHN was offering at 15 on the close. They stayed out of the way while it was running up.

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