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 : USA Video Interactive (US:ASE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ed Pakstas who wrote (1569)7/24/1998 11:29:00 AM
From: Chartist  Read Replies (1) of 1841
 
Could be Ed but when the large offers start moving down(114,000 at .15 at present) and the bidding starts to dry up, there is usually one thing that is happening. Yes, this could flush all the way back to .08 but that was not a bad double for a few in such a short time.
True, this is not dropping and volume is increasing(fast death). But this is dropping and volume is decreasing (shows hesitation with a good possibility close to a previous low) especially with the knowledge of 1/2 million offered at .18 which we can no longer see on the board. I stay technical on them all, anything else that comes along just confirms most charts. Greenline did major buying and now they are doing major selling. Was there a sell placed in their newsletter? Who knows, but you can bet that they would not be selling at .18 or .15 if they thought this was ready to take off.

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