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Technology Stocks : Verified Perscriptions System ETCR -- Ignore unavailable to you. Want to Upgrade?

To: uthabros who wrote (280)	6/6/2002 4:52:38 PM
From: DaiTN	Read Replies (2) \| Respond to of 397

Volume closed at 3.84M shares. Buys to sells were dead even at 50-50 except for a large sell of 1M shares sold at .0558 around 02:38:07 EST. Another 1M shares sold at .0600 around 09:58:40 EST but was eventually cancelled. I am a little trouble by the large 1M shares sold. Looks like whoever sold those shares wanted to dump at any price (it was sold at absolute day low). There were also a few large sells of 350K shares or more. Certainly not looking good IMO. Originally, I wanted to buy another 30%, but after seeing the 1M shares sold and cancelled early in the day, and eventually was sold later at the day low, I got chicken out and decided to wait for tomorrow. I'm already under water with the shares I bought yesterday, so I have to pick the absolute bottom to add more if I want to make money at this trade. If the stock run tomorrow, it will be ok for me since I already own a bunch of shares at .062, but if I bought more today and ETCR tanks tomorrow, I will be in trouble. About the 1M shares sold, definitely not from an average Joe. But I am a little surprise and wanting to know who was this idiot who sold such a large position in one shot, and got taken to the cleaner by the MM. The shares certainly did not come from a Market Maker who bought and sold for profit (no MM would sold at absolute day low). But were the shares came from an insider who know something that we don't, or was this an investor who got free shares or cheap shares under 3 cents? And who still have millions of shares to dump? I don't know the answer. I guess I have to look at the trading pattern for another day before being able to tell for sure. I was mainly looking for liquidity for ETCR, it is good to see volume increased and continued for the second day. I got what I want to see, but the 1M shares sold kind of upset the whole pattern. I need another trading day to read the directions. In another word, I have no clue for now. :))))