SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jbe who wrote (22029)5/14/1998 10:56:00 PM
From: Alski  Read Replies (1) of 95453
 
jbe,
As Michael explained, a lot of traders have their computers set up
to pick up any unusual volume on stocks they're interested in. One
big trade can trigger a whole raft of traders to move. WRT TCMS it
looks like an institutional (or at least very deep pocket) buy set
off a bit of a feeding frenzy. I suspect the two 152K trades were
MMs trading shares but the 270K was somebody putting 2.68M on the
line. See the table below....Alski

Price Volume Time
10 1/4 500 Thu May 14 1998 10:25:20 AM
10 1/4 500 Thu May 14 1998 10:25:10 AM
10 3/16 500 Thu May 14 1998 10:24:50 AM
10 1/16 152,000 Thu May 14 1998 10:19:40 AM
10 1/16 152,000 Thu May 14 1998 10:19:40 AM
9 15/16 7,600 Thu May 14 1998 10:19:30 AM
9 15/16 26,500 Thu May 14 1998 10:19:30 AM
9 15/16 270,000 Thu May 14 1998 10:19:30 AM
10 3/16 1,000 Thu May 14 1998 10:09:40 AM
10 3/16 700 Thu May 14 1998 09:34:00 AM
9 15/16 100 Thu May 14 1998 09:33:50 AM
9 15/16 300 Thu May 14 1998 09:32:10 AM
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News