Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?

To: pink789 who wrote (9732)	9/29/1999 8:04:00 PM
From: Lola	Respond to of 36688

Actually we've only discussed VEN-T on this thread. Fuddle appears to be very knowledgeable about the stock. Sorry but I don't really know too much about it . . . . . I'm just trading the volatility. Lola:) PHPI

To: pink789 who wrote (9732)	9/29/1999 8:32:00 PM
From: Kevin Hamlin	Read Replies (3) \| Respond to of 36688

A couple of more thoughts on ABC-T...things that brought me into it today. 1) Average volume for this usually hovers around 40,000-60,000 shares/day. Two days ago, the volume spiked up to 233,000 shares Yestday, the volume moved again up to 336,000 shares Today, the volume climbed again up to 444,000 shares In the past two days, the price is also starting to respond, although not near breaking out yet. Today I thought it might, trading up as high as .275, but it was too close to the end of the day to get anything going. The bids were coming in though. Take a look at the one year chart, and you'll see a nice volume pattern there and a definite break from the downtrend. 2) Two of the houses that I've tended to watch on this stock are Yorkton and Cannacord. Both houses were on the buy side today with both of them taking over 100,000 shares each. I haven't seen this for quite some time now. As a matter of fact, I went through data all the way back to last June, and there is not one day of buying by either of these houses that was a big as today. It seems a little more than coincidence that both of these houses would have their biggest day of buying in over three months....both on the same day. 3) This point is also tied into the buying of today and probably could fit into my first point, but I'll note it separately here. The volume today has only been acheived three times before in the past 6 months of trading. Two of those days were based on a news release about financing which obviously caught the market by (positive) surprise. The other day was a day when someone at Griffiths had to sell a lot all in one day (looked like a margin call to me, but I can't verify it at all) The point is, these were "explainable" volume spikes. The increasing volume of the last few days is (so far) unexplainable....which is the kind of volume increase I personally like! So we'll see. These are the kinds of things I look for in a trade....deviations from the "normal" trading a stock does, and purchases by houses that seem to know the timing of the stock. The next couple of days should tell the story....it may be worth putting up on the screen. Regards, Kevin