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 : Trojan Technologies Inc. - T.TUV -- Ignore unavailable to you. Want to Upgrade?

To: RagTimeBand who wrote (20)	10/2/1999 2:49:00 PM
From: Kevin Hamlin	Respond to of 127

What a crazy day of trading for TUV on Friday. There was definitely some hangover selling from 83 and 85, but that dried up nicely as the day progressed. I was stopped out quickly from my $5.85 purchase on Thursday, but came back in again later. The nuttiest selling was through house 22. They came in a couple of times during the day and just sold the heck out of it....absolutely no finesse at all! The price would get up in the to the $5.70 range and then 22 would come in and just sell it all the way down to about $5.35 in one big dump. The funniest thing was when they finally finished their selling...somewhere around 3pm if I remember, the market was really skittish to come back in strongly, thinking 22 might still be lurking there! Finally though, the market did realize that 22 was gone, and the price quickly moved from the $5.50 range up to the $6.00 range and slightly above. There was some selling pressure right at the bell, but I'll attribute that to a pretty typical "Friday at the bell" kind of thing. Hopefully with 83, 85, and 22 now gone, the stock will have its natural bounce back up. During the afternoon, the stock was showing some resilliancy with a lot of buyers at least lurking looking for their entry point. I think this buying was delayed though because of the antics of 22. Given that it was the third downside day (with a bit of a blowoff look to it today), I'm looking for the good upside bounce on Monday. Regards, Kevin