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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.86-2.8%10:57 AM EST

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To: digger who wrote (7814)4/23/1999 6:54:00 PM
From: Sam Sara  Read Replies (1) of 17679
 
Re: support at 5 level.

This is addressed primarily for those that have been investing in the market far longer than i have- is the support at 5 due to institutional buying? Many cannot buy stocks under $5, but I can imagine a money manager waiting for AXC to drift to 5-5 1/8 level, and then buying. Could this be part of the explanation for the support at $5?

Along these same lines, is there a site on web that will chart size of trades, so one can get a sense of how many block trades there were? Finally, when I buy through Datek, I sometimes get fills as part of larger trades- do small trades like mine this skew the data?
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