TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Hawkmoon who wrote (14337)	4/7/1998 3:00:00 PM
From: Hawkmoon	Read Replies (5) of 31646

All, Still seeing the same behavior on the bid size/ask size story. Someone is attempting to keep this puppy just below $11 by sitting on the ask by an 8 to 1 ratio. What does this signify. I don't quite know, but it reeks of manipulation by a Mmkr attempting to get a big order filled under $11. Should you worry? Not in my view since they dropped us down, shook out some stop losses and keeping it in a tight trading range. Filling the orders of institutional investors mean solidification of the stock and eventually higher prices. More shares in fewer hands effectively means locking up more of the float with entities that know their eventual price target and won't sell until then. Story remains intact (shortly to be followed by the stock price.) One of the lessens we all have to learn about how manipulation can force out weak hands, folks with stops... etc, in order to round up some shares for the big boys. Take a look at the 30 minute chart on TAVA: iqc.com VERY BULLISH formation displaying the "pinch" in the Bollinger Bands indicating a major move to one side or another(I think upward) Gotta go for the rest of the afternoon. Regards, Ron

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