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.
Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (9874)7/20/1999 11:14:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
GNLB has 29.4 mil float. . .so after all this volume, it has only traded 1/3rd of its float. Could just be an old-fashioned pump and dump with no pump other than the show of volume and momentum.

Market Makers can indicate enormous volume and momentum by trading amongst themselves. . . .then the daytraders see it and jump in. . . then the momentum players see it and jump in. . . then CNBC spots it and asks the big "why?" . . . and it REALLY gets volume.

Now, 10 million shares have traded hands and nobody even knows why.

This is why I always say to KNOW THE REASON FOR THE MOMENTUM. Those who do, hold a distinct advantage over those who do not.

Rande Is



To: BANCHEE who wrote (9874)7/20/1999 11:26:00 AM
From: Bucky Katt  Read Replies (3) | Respond to of 57584
 
RE:GNLB-I sold all of mine earlier, done with it for now. Of course, if someone had bought when I did, well, that was a real nice gain.
Float is 30 mil or so.

No one wanted it on the dump back a few months, but this is one I have watched for a long time. Now everyone has to get some.

BTW, check a 3 year chart of ICOS.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News