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Technology Stocks : Altera
ALTR 53.61+1.3%Jul 7 5:00 PM EST
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To: Amy Chan who wrote (2015)4/16/1999 2:41:00 PM
From: Lucinos  Read Replies (2) of 2389
 
Amy, Actually, it is just my guessing since I am confused
by the high volume showing yesterday at the record high price.
It will be reasonable to have large volume traded yesterday
after the earning, but the volume became even higher at 75.
That is very unique.

I can understand the reason for people selling the stocks at
75 (a lot of them may eventually get it back within a drop of
3 or 4 dollars). However, I just could not be able to understand
the reason for people buying ALTR at above 75 yesterday. From experience, when a stock (not a internet one) goes up by 13%
in a day, the stock may most likely fall and back-fill
for a few more days. If they really want to own more ALTR
stocks, they can more easily buy it at a lower price today
or may be next week. But they buy it yesterday at 75.

Anyway. It is very happy to own TXN, ALTR and XLNX since last
Sep.

Lucinos
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