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


To: bajaseatrader who wrote (2141)1/22/1998 8:34:00 PM
From: Wayne  Read Replies (1) | Respond to of 7111
 
Thanks Stan,
Can't say that I agree with you in this case. I tend to think it is just the range we are currently trading in. We've had extended consolidation periods before. Also would not be surprised to find out that someone like the Hanson trust or other less informed large holders have done some selling at set levels. Anyway, it's due to start north when David goes on vacation!
Thanks for you 2 cents,
Wayne



To: bajaseatrader who wrote (2141)1/22/1998 8:44:00 PM
From: Gary105  Read Replies (2) | Respond to of 7111
 
Stan, speculation on my part, but MLCO has always been a big trader in Radica stock and I believe but am not sure that the Hansen trust sells through them. My thoughts are that FAHN is a follower rather than a leader and exacerbates effect of Hansen sales by shorting into them. With large shareholder selling and little news the last 2 weeks this has worked for FAHN as supply (including short sales) outstripped demand. Give selling should hopefully soon dry up and demand increase as we head into the real toy show (ie NY) and Q1 pre-earnings potential run in a few weeks the stock should strengthen in not too distant future imo.

Gary