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


To: Rappin1 who wrote (15790)11/17/1999 10:39:00 PM
From: brad greene  Read Replies (3) | Respond to of 26039
 
Rappin,

I had a big headache the day after IDX closed at $10.65......and there have been many many posts and PMs to get through. And yesterday afternoon.....and emergency top secret Commission meeting was called....due to rain and snow making Commission meetings questionable for next week.

I don't think option traders are effecting anything....there is always a last second effort to drop the stock....if a call strike price is in range.....but the volume is now swamping the number of open contracts.....and the $7.5s are not in reach.

We will need to see what folks do tomorrow....but I doubt any shorting will be going on......and I didn't see anything special at the close today.

Institutions love to see 200k+ volume days.....day after day. I think institutional ownership is rising.....and this is very positive.

bg