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Technology Stocks : METRICOM - Wireless Data Communications -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (2661)11/21/2000 1:20:15 PM
From: rrufff  Respond to of 3376
 
hmmm - stock down and you put that effort into showing that there are more sellers than buyers, on relatively low volume. Real informative. Thanks. LOL.

How about now, did it change? I expect you to post at least every 15 minutes with an update. You might just make up for the losses on your previous 2 trades on this.



To: Sir Auric Goldfinger who wrote (2661)11/21/2000 1:27:36 PM
From: Tim Luke  Respond to of 3376
 
steve,

a registered broker with Blackbeard Securities, LLC. ?

thanks in advance ;)



To: Sir Auric Goldfinger who wrote (2661)11/21/2000 3:08:40 PM
From: John Curtis  Respond to of 3376
 
That's a nice cut-n-paste, but doesn't tell me anything I don't already know. Basically the pattern of selling altered yesterday, from one wherein I was making some coinage off the intraday movement to one where MCOM starts off getting yanked to the downside by ~6 to 10%, then it gets capped (like now at $11.5) and thus waffles around sideways for the remainder of the day, making it basically useless as a trading vehicle.

Today is doing the same as yesterday, with it currently being capped at that aforementioned price......so far. As a matter of fact Island & Archipelago now shows that somebody is capping it with emphasis, as they've just slammed down a 6K sell block at $11.50, which is sizable given the anemic nature of the buying side of the 'ol equation. So today it's clear that's as high as MCOM will be allowed to go.....again...for now.

Bottom line? Given these indications I might short a bit at close, just under the assumption these indications are signaling a potential cracking of ~$10 tomorrow, where I'll then cover. It just all depends on how the market handles it between now and ~3:50pm.

John~