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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: LzzrdKing who wrote (3222)12/8/1997 5:27:00 PM
From: Mark[ox5]  Respond to of 7396
 
Lzzrd, what do you mean by this re: CMDL- "Perhaps a swap of 280K shares might have had a bit to do with that volume. Swap was below market at 9.5 and 9.6."

A swap between market makers?

I was thinking perhaps it was a big institutional buy..... is that possible as well? Either way unless the story changes this is undervalued so I went long with a small amount. If nothing else it should get back to $11 where it was a week ago. Strange thing is the ask never moved from $10 all day. Hmm.. something is up.

Tom, still holding the MAVK? Sold PESC @ 30 and moved into MAVK int he closing minutes at 32 1/8. Putting in a sell order for tommorow at the open in case it repeats todays action (instant jump up 2-3 points) What is your suggested target price? Thinking $34ish. Thanx.

FPFG closed STRONG. Still holding.
Mark

P.S. Anyone follow ARTS the past 2 days? Sold the darn thing a month ago. Up 17% today after huge day Friday. Tiny float, Christmas play.