MBNA (KRB) Message Board

STOCKTALK

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.

Non-Tech : MBNA (KRB)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert duke who wrote (79)	2/5/1999 4:26:00 PM
From: robert marshall	Read Replies (1) of 119

Robert: An observation of Discover Brokerage's 5 minute tape of todays trading. KRB dropped at 1:00 pm on 300,000 shares to 23 3/4 then had worked its way back up to about 24 3/8 at 3:45 pm. Then in 10-15 minutes on 100,00 shares surged to 24 15/16 at close with a ask of 24 5/8 for the entire gain for the day. Technically a very weak day the MM is working very hard to support this stock. I would not be surprised if he brought the last few shares so the weekend investors don't get scared and exit Monday. Looks like more downside next week. On Wednesday the same thing happened and the next day the stock dropped badly. The MM can not prop up this stock up forever. When the big funds want out the drop will come. The market is edgy on top of it all with fear of a drop anyway. Time to exit and re-enter later.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next