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Technology Stocks : Cayenne Software (CAYN)
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To: stock talk who wrote (761)3/3/1998 12:52:00 PM
From: stock talk  Read Replies (1) of 1096
 
Case in point:

< There has been net buys vs sells(3 to 2 margin)and the price has moved slightly down. Looks to me that it is under controlled accumulation as so the smart money can buy on the cheap >

We just had 103,000 shares traded between 12:10 & 12:30 ALL at 2 5/8, however only 8800 shares were sells and 94,200 were buys. Net result the MM move the ask up to 2 11/16. Looks like the smart money are shaking out the weak players before the next run and buying on the cheap.
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