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Technology Stocks : Orbital science (ORB)

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To: Zeem who wrote (1781)6/2/1998 10:41:00 PM
From: Phil Jacobson   of 2394
 
Zeem,

I wish you posted that a month ago. I bled through a 25% loss in PERI because the whole drop was on low volume. Thought that as soon as the volume picked up it would go back up. It didn't. Sold the stupid thing and it's down another 10% since.

What are the dynamics of a low volume selloff being very difficult to recover? Seems to go against intuition.

Phil
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