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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?

To: literaryfx who wrote (6925)10/28/1999 11:07:00 PM
From: coolcalm8  Read Replies (1) | Respond to of 10852
 
Have seen huge asks going across the screen the last couple of days as price was plummeting -- one for 150,000 shares; another for 50,000. Who's selling? Is this LMH getting out? At the same time, Thomson I-Watch shows an awful lot of institutional buying.



To: literaryfx who wrote (6925)10/29/1999 12:07:00 AM
From: LLCF  Read Replies (1) | Respond to of 10852
 
<Portfolio managers up against end-of-month window dressing,>

Don't forget about 'tax loss selling'........ everyone want's out to take their losses against the gains in the rest of the sector which are huge.... it's a no brainer... take my 50% loss on LOR to take some profit on my 12gazillion% gain in any number of moonshots elsewhere. By first week in Dec we'll be off to the races.

DAK


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