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Non-Tech : SIRN - Sirena Apparel Group: Undervalued But Moving Up
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To: James Wright who wrote ()5/22/1998 5:18:00 PM
From: James Wright  Read Replies (2) of 161
 
Interesting Action Today . . .

Given the extremely low volume of the last several days, today was interesting because we returned to near normal volume even though volume for the market in general was very, very light. Even more interesting, however, is that it appears that around 50,000 shares traded hands in three sets of grouped transactions. The first set was shortly before noon, and the last two were shortly before the closing bell. Thus, it looks like a single buyer accounted for nearly all of those buys.

Could something be up? I will be watching SIRN closely when the market opens on Tuesday for evidence of more large volume buys by a single buyer.

-- Jim Wright
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