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.

Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: mooter775 who wrote (17026)	12/14/1999 10:30:00 PM
From: Larry Brubaker	Read Replies (1) \| Respond to of 27311

<<shorts trying to 'walk down' the stock to $ 16 1/4 with 15 minutes to go - and 'bam', back up to $ 16.75 - $ 17.00. Folks, the writing is becoming pretty clear on the wall....>> mooter, just for the sake of argument, there were all of about 15,000 shares that changed hands between $16 1/4 and $17. And more than half of these were represnted by one 8,000 share sell at the bid of $16 3/8. Another 2,600 trade went off between the bid and the ask. Most of buys at the ask were on trades of a few hundred shares. If the stock had moved down by 3/4ths of a point on such little volume, this thread would be accusing the MMs of manipulation:-)