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.

Microcap & Penny Stocks : All American Semiconductor (semi) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (886)	3/31/2000 8:19:00 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 952

Severe overbought yesterday 136 k shares traded, all buy orders, not a one sold. This morning bid is $12.5 and ask is $15.5/share. It will take a while to bring back into balance. I doubt the market makers think that resistance is $15.5. I know $12.5 is not fear, but maybe margin calls? This is not going to work? It has to be reaching for or be well above resistance for profit taking. Easier to see if Mendel has some to sell. Interesting supply and demand problem existed before market makers were aware of it.