SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: Dominick who wrote (2523)2/6/1998 7:23:00 AM
From: steve goldman  Respond to of 4969
 
The first sentence answered your question. This is an institutional stock. It is usually well held by large institutions that move in large pieces and can easily take out offers or pummell bids.

It is great when the stock is moving up as they will swoop up shares in large pieces, yet it is as punishing when they dump it at any costs.

Regards,
Steve