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Technology Stocks : Cohu, Inc. (COHU) -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (3063)6/22/2002 1:36:14 PM
From: Nutty Buddy  Read Replies (1) | Respond to of 7849
 
Hi Bob,

If you look at Friday in its totality, not a bad day. You had about 280,000 shares traded (2 times the average daily volume) mostly on the upside, all day before the drop. Then a seller steps in and drops the price $1.30 ($17.50 to $16.23) on about 93,000 shares from 3:54 to the close.

After hours trading saw about 171,000 shares traded, most between 4:00 and 4:10 and most being sold at the closing $16.23 level, none lower. There lies some big resistance, for Friday anyways!

So we end up with 546,000 shares traded Friday, almost 4 times the average daily volume. 93,000 pushed the price down.

The question is - who is buying?? Is that you Bob? <g>

I only accounted for 0.03% of the trades yesterday.

Buddy