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.
Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: kubair who wrote (11848)7/25/2000 7:56:59 PM
From: AD  Read Replies (2) | Respond to of 24042
 
Pisani wanted to prove he could move the market. And what better way then in the ah , skeering some holders into dumping shares. And boy those trades sizes, 30 shares, 125, woowooo!

you guys might want to chill out...you should have bought more on the big swoon if you believed he was wrong.

Regards

AD!



To: kubair who wrote (11848)7/25/2000 8:06:46 PM
From: TimF  Respond to of 24042
 
According to him it looks like all the 158 millin shares traded in
last 4 days are going to be sold tomorrow.


I really doubt that all the shares traded in the last 4 days are going to be sold tomorrow. Not only is there the fact that some of the purchases are long or medium term buys but also some of the trades are daytrades. One person may have bought and sold the position more then once. If a daytrader buys and sells 500 shares of JDSU 4 times in a day
he may have 0 shares left. IF he sells 2000 shares tomorrow it will only be because he also buys 2000 shares.

I for one don't plan to sell my little position in my 401K(10 shares bought at 102 and change on the drop after the SDLI annoucement). I suppose I might sell if it gaps up
50 points or something crazy like that but otherwise I have no plans to sell.



To: kubair who wrote (11848)7/25/2000 8:07:18 PM
From: Stocker  Read Replies (1) | Respond to of 24042
 
This is all crazy. Ask yourself what was the material damage??? 2 days from now people will be asking "Pasani who?" Like 6 bucks is a big deal.

There has already been a lot of money made in the last few days. Some guys are just being smart and taking some profits off the table in advance, if only because playing this S&P thing will be just too hard to game tomorrow.

Let's not make mountains out of molehills.