Point and Figure Charting Message Board

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Strategies & Market Trends : Point and Figure Charting

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To: AlienTech who wrote (11574)	12/16/1998 8:34:00 PM
From: The Jedi	Read Replies (1) of 34809

AT just got in, sorry was not watching today. Just a few days to go, I would think that I would not want to bet 3.8 mil. It could be a sell, chart looks like double top and if there is a decline this makes the institutions sell price fixed at 53 7/8. Lets say the stock falls 2 bucks they make $550000. Not bad for a day or twos work. Don't know what the intention was. It could be a large part of their holding and may be hedging their position, and if taken away making sure they got a fixed price. Another speculation this was meant to be a flip, bought before the DOT was announced and they were looking for substantial appreciation, but did not happen, so now want to get out. I don't know, just speculating. Kiri

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