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.
Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TLWatson59 who wrote (1370)7/22/1998 8:45:00 PM
From: John S. Baker  Read Replies (4) of 2534
 
Am I sure about that (*planned* sales)?


Technically, yes ... because we were discussing what the SEC filing said, and *that* specifically was for planned sales.


But on a broader note, I agree that today looked like a bad day in some respects (and not just for ALYA, either). The numbers you post tell only part of the story.


The stock was down a penny on large volume. Looking solely at that, one might think that this represents a massive bailout. But if one looks at a Time and Sales sheet there was net *accumulation* today based on large transactions.


So, while the stock has tumbled roughly 23% since the close on July 8th, considering those larger transactions, *somebody* has accumulated a net on about 20,000 shares. This uses a threshhold of 5,000 shares as a definition of "large transaction."


*Somebody* likes this stock, though I sure can't tell you exactly who it is.


Guess we'll have to wait and see how this plays out.


Happy Due Diligence.


JSb.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext