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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: DaveU who wrote (19091)7/13/1999 2:54:00 PM
From: New Economy  Read Replies (1) | Respond to of 62348
 
NNC Order imbalance 'caused by one of the factors a lot of shorts and I think IMO stop losses kicking in.



To: DaveU who wrote (19091)7/13/1999 3:46:00 PM
From: New Economy  Respond to of 62348
 
NNC going through $40



To: DaveU who wrote (19091)7/13/1999 4:25:00 PM
From: keith massey  Read Replies (2) | Respond to of 62348
 
I'd be nervous of a stock that had to be halted for order imbalance. First time I've seen that happen so I'm no seasoned vet!

I've seen it happen several times....the people in the "know" already know the news and are running for the doors as fast as they can. In almost all of these cases I have seen this brutal news comes out several days or weeks (or often months) later. During the period after the drop the retail averages down and slowly buy it back and the stock creeps up....then CRASH.

The first one that comes to mind off the top of my head is JFM...but if you give me a while I will come up with a bunch more.

Best Regards
KEITH