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To: Roebear who wrote (64064)4/7/2000 3:11:00 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 95453
 
Volume on HOFF - Thompson's I-Watch shows heavy institutional activity, but not one single super buy/sell. Supposedly there's not any non-I-Watch activity either. There were no large blocks crossed (or at least no pr yet).

thomsoninvest.net

I find this kind of volume with very little movement very strange.

20-40x normal volume? 2/5's of float?

Any explanations would be welcomed. It is trending up again though so I would think the last of the major sellers have been cleared.

According to this chart it did 8 mil back in Aug 99 without a huge corresponding move. Not sure if there was news then.

askresearch.com

Either way I'm done accumulating unless it drops below 7. I have a sizable position now at 7 1/2 and 7 3/8's. The uptrend line has not been violated and the fundamentals look good.