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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.

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To: Jetta who wrote (130)8/26/1998 6:51:00 PM
From: M. Frank Greiffenstein  Read Replies (2) of 3198
 
All at the bid...

Thanks for coming through again, Jetta. Looks like my intuition was correct: Many many big blocks at the bid throughout the day. That's MM accumulation. The average dollar volume was almost $40,000 per trade. That's what happens when all the small fry panic and drive the price down on teenie volume day after day. The MMs and professionals take your shares. Not mine, though.

My theory: MMs and professionals waiting for inevitable strong buy recommendations after 30 day silent period. We should see a up day tomorrow.

Jetta, can you tell me what the Sm SA Sb's stand for? And what the hell are these trades of 5, 9 and 13 at the ask? Do those single digits refer to something other than shares?

DocStone
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