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Technology Stocks : Applied Energetics, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: KrisCo who wrote (57)5/22/2004 12:16:54 AM
From: KrisCo  Respond to of 512
 
Smart money moving in? Reported speculation from Schwab that a “Hedge Fund” has a 500,000 share target on IOTN.
finance.messages.yahoo.com

Institutional shares are reported as the same at a 33% increase to 654,000 shares held .

finance.yahoo.com

But lets see how that stacks up to all the numbers. The following percentages concentrates the trading volume into 90 sec “segments”

The share price increase of 18% up to $4.70 brought out enough sellers to increase the volume 4 times over what it was yesterday. But interestingly a new trading pattern of large blocks did emerge.

Segment size increased 169%. The top 6 segments totaled 137,400 shares with nice fat 20,000 to 27,000 share block segments. That’s up 248% from yesterday’s 55,400 shares in the top 6 segments.

I guess someone is definitely buying with big pockets. Large money usually indicates smart money. I’d say we are in good company today, "Hedge Fund" or not.

Kris