SI
SI
discoversearch

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.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: J.F. who wrote (34894)4/4/2000 8:42:00 PM
From: JBH  Read Replies (1) | Respond to of 79284
 
JF...

I just found this post re: SWW on the Yahoo thread tonight.

If this guy is correct,although he doesn't say the seller actually sold, this MAY help explain the drop from the 9 area and the pressure. I had a feeling that we may have had a single seller in there since the day it dropped. Fundamentally it just didn't make sense for it to drop so far. My immediate thought was dilution but could not find any evidence. I've seen stocks trade like that before with large blocks always showing up on the ask always holding pressure and it usually denotes single seller. Not having level2 I couldn't really say...but it had the feel of something more than simple retail selling.

This guy's theory is the seller may be taken out with today's news. The bid side does seem to be strengthening. Time will tell but if these guys are willing to take a position at 8...well............:)

SWW, I believe, has the potential to be a $20 stock this year if the numbers prove to accelerate. One worth following. Reminds me of IFCI in alot of ways (different sector of course)

messages.yahoo.com

JBH