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Non-Tech : Sovereign Bancorp ( SVRN )

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To: Tech Yes who wrote (78)4/14/1999 6:08:00 PM
From: Peter H. Hodge  Read Replies (2) of 143
 
In aftermarket trading about 80% of the trades were at the ask or higher. And there were a lot of trades. A very positive sign for tomorrow were the trades occuring around 16:38 and later. At 16:39 30k went off at 14 11/16. Then there were a flurry of trades over 21 with some as high as 25 3/4. They were sizeable trades too: 9400,9800,3700,4200 all at 21. These were not late reports of sales. I am reporting only Form T trades.

Looks like the sell off was overdone as is often the case.
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