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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: R Verchota who wrote (14125)2/5/1998 1:02:00 PM
From: Kelly Igou  Read Replies (1) of 29386
 
When sellers outnumber buyers, the price is going to fall.

Pretty simple statement, but when you're talking about an illiquid stock like ANCR, two or three sells in a row without buying pressure can drop the stock temporarily like a rock. Likewise, the same thing can happen the other way.

Unfortunately, it's so illiquid that if we all chose to sell within 15 minutes of each other the stock price would go to zero in a hurry.
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