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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: Arthur who wrote (15473)11/4/1999 11:02:00 AM
From: R. Jaynes  Read Replies (1) | Respond to of 26039
 
This is the fourth day in a row that someone has bought about 27,000 shares right after opening bell (at least I think they are buys). That's about 110,000 shares this week! And all week long the stock has traded in a narrow range. What's going on? It seems someone is accumulating shares and is able to hold the price down in order to buy them.

Does anyone have another idea on what's happening?

Rick

BTW - those trades equal about $825,000.