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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Olds who wrote (9791)7/2/1999 4:17:00 PM
From: scrooge  Read Replies (2) | Respond to of 17679
 
It's been very quiet in here since Wed night

Couldn't be many sellers left - what with the up day on such light volume.

Still not on anyone's radar anywhere - would love to know what caused that nice little bump the other day. Oh right, it was an order imbalance!

They keep putting out releases and news of events, but no one seems to take notice.

Anyone think that this stock is being held down.

RCH



To: Michael Olds who wrote (9791)7/2/1999 4:18:00 PM
From: df  Respond to of 17679
 
Nice end of the day rally...

Hope everyone has a happy and safe holiday...

Enjoy the 4th...

Looking forward to a happy 8th...

Drive safe...



To: Michael Olds who wrote (9791)7/2/1999 9:29:00 PM
From: Carl R.  Read Replies (1) | Respond to of 17679
 
Michael, you wrote: we got back 3/16 of the 5/8 or…that they stole from us.

Relax Michael, THEY didn't steal anything from us. THEY created a temporary order imbalance by adding AXC to Russell 2000 funds with all of the finesse of a bull in a China Shop. THEY artificially inflated the closing price on that one day, actually causing the Russell 2000 to underperform on July 1. The next day the stock fell back, but not all the way, so when THEY created that order imbalance and artificially high close, THEY raised our expectations, and moved our trading range up by about 1/2 point, something about which I'm certainly not going to complain.

Good luck,

Carl