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Technology Stocks : Wind River Systems - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: carolyn walder who wrote (92)12/18/1997 4:41:00 PM
From: Mitchell Jones  Respond to of 431
 
Carolyn,Internet Trader shows the outstanding shares to be 25.32 MM and the current float to be 17.20 MM.

Short position as of November was 1.22 MM shares.

viwes.com

According to Media General Financial Services,188 institutions hold 64.4% of the stock.

mgfs.com

By weak hands,do you mean like Ramsey Su,who has spent too much time on the Kahoona Looney thread? < g >

I don't have a clue as to why the large volume today. WIND seems to be establishing a new trading range with 36 to 37 as resistance on the high side and (maybe) 30 as support on the low side.

Mitch



To: carolyn walder who wrote (92)1/14/1998 9:05:00 PM
From: Mitchell Jones  Read Replies (2) | Respond to of 431
 
Carolyn, I believe Ramsey Su re-committed some of the cash he raised prior to his vacation. Someone bought 433,800 shares @15:51 hours and Allen has already indicated he has enough WIND.The buy was made at a price of 35 7/8 when the bid stood at 35 1/2 and the ask was 36.

The buy had little impact on the price since it occurred so late,but quantities like that can sure lower the overhead supply!

WIND's candle today is a hammer and ,in an up-trend would be called a "Hanging Man"--Bearish as the name implies.This sign was common in the market today(even the Nasdaq index formed this candle) and may indicate some backing and filling is about to occur.

Mitch