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Non-Tech : KKRO Koo Koo Roo

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To: Fred Ayres who wrote (318)1/29/1998 2:53:00 PM
From: TA2K  Read Replies (1) of 479
 
Seems as if the sales at 1 1/4 are starting to dry up. I presume those were mostly conversions bought by some market maker. If you've been following the ticks, as (summation) XX buys would trickle in at 1 9/32 (my buys being among them), suddenly there would be a block XX 1 1/4 sell. How CONVEEEENIENT. But it appears that the buys are outstripping the sells. I think we'll have a good idea if we're out of the woods by the end of today: if a large 100-200K 1 1/4 sell occurs, then we're still in the woods; if no such sell occurs, I think we're out.

What's your hunch?

Nicholas
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