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Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?

To: Char who wrote (1845)1/14/1998 2:46:00 PM
From: j rector  Read Replies (2) | Respond to of 7111
 
Over the last 8 trading days we have seen a
mean volume of about 400K shares. If we divide
that by 4 (to account for NASDAQ doubling and
day trading) I would guess that we have had
sellers dumping approximately 1MM shares. I know
that the filing was for ~300K shares, so someone
has over 500K shares that they are dumping, or
5-10% of the total float. I don't think this can
go on for too much longer because filings would be
required.


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