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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Cube who wrote (13124)3/26/2000 5:36:00 PM
From: Starfish*  Respond to of 18998
 
Are you using 0nly a chart? The volume was 25K, so 12.5 was sold total, right before the close. Thats a tiny bit of volume to base the decision to sell.



To: Cube who wrote (13124)3/27/2000 2:08:00 AM
From: TRIIBoy  Read Replies (1) | Respond to of 18998
 
Does it bother you at all that the uptrend was broken for 15 minutes and on only 10,000 shares (some of which is double-counted)? It all happened around 3:40pm, I was not really paying attention. It seemed a weird effort to drive the stock down, or some sloppy seller. But once it broke below $10, I put in orders at $9.25, $9.375 and $9.50 and not one single share was filled. I will try to get more on Monday if it stay below $10.

Before you sell, I would watch to see if it rebounds on Monday. If it does, you might reconsider.