SI
SI
discoversearch

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.
Technology Stocks : JACO - Jaco Electronics, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: cazz who wrote (46)7/13/1999 1:19:00 PM
From: George McMeen  Read Replies (1) | Respond to of 78
 
Volume is not suspicious

One fund owned something like 800,000 shares ... and was likely unloading in $4 area ...

yesterday when we pushed through $4 3/8, I believe that fund had finished selling ...

we are now back to days of old ... (before that fund started unloading for past month or more) ...

in days of old, 15,000 shares could move Jaco nearly a point or so ...

I doubt that float has dried up ... it is just that fund stopped selling

George