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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Olu Emuleomo who wrote (10882)2/10/1998 2:26:00 PM
From: Rob L.  Read Replies (2) | Respond to of 31646
 
Olu, what are you talking about. A big chunk of the volume came early when the stock rose to 8-23/32. Since then it has been backing off on LOW volume. More recently stock has been going up from around 8 1/4 to 8 1/2 on increased volume. Stock has been stuck before 6 3/4, 7-7/8, after which it exploded to the upside. i think you are just seeing some consolidation after a big move up. There are still buyers out there. However, you will also see more selling as those who just got in and realized aquick profit may be anxious to sell.

What do you mean by "being distributed"? Changing hands among MM's?



To: Olu Emuleomo who wrote (10882)2/10/1998 2:41:00 PM
From: Steve Woas  Read Replies (1) | Respond to of 31646
 
Olu,

You have it a bit mixed up. When the price and volume go up it is under accumulation. You long?



To: Olu Emuleomo who wrote (10882)2/10/1998 4:26:00 PM
From: Kal  Respond to of 31646
 
what does distributed mean exactly? excuse my ignorance
thnx