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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: jan_mike who wrote (5378)2/23/1998 9:30:00 PM
From: TraderGreg  Respond to of 11708
 
Good point jan_mike. We, if I may speak for us, are longs, so we have trouble thinking like shorters. But when our long position tanks, we average down, do we not? So, it is quite logical for shorters to re-short when their short position has worsened.

But I don't think that is what happened today. Isn't it interesting that we have had some rather large blocks go off(300K a while back and 200K today) that produce but a minor depression to the price? Yet, I have watched this stock tank on a FOURTEEN THOUSAND SHARE SELL ORDER AT THE ASK!! Wonder who could orchestrate that kind of sale with so little dip in the price?

TG