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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (11494)7/15/1998 4:53:00 PM
From: JimNewby  Read Replies (1) of 120523
 
Jenna/Scott - Speaking about the airlines...ref MAIR...I asked this ? once today. MAIR had a 1000% increase in Avg Vol today. In the last 40 min of trading - 162K shares traded (200% vol in 40 min) and the price stayed constantly at 27-27 1/16 (bid-ask). How/why can so many shares change hands and the price not move? Why the high vol? Is this "options due" traffic? I bought in @28 1/2 and am holding 'til at least tomorrow. Earnings due on 23rd. What's going on/what should I do? Thanking you in advance for the help!

Jim
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