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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge. -- Ignore unavailable to you. Want to Upgrade?


To: Miguel M. de la O who wrote (1336)2/26/1998 5:07:00 PM
From: dartmouth  Read Replies (1) | Respond to of 1923
 
expanding on that question-
why does such small volume produce such a dramatic move?
a 7% drop on volume of 2100?
any info would help this novice as well.

-dart



To: Miguel M. de la O who wrote (1336)2/26/1998 5:26:00 PM
From: Jack Ucci  Read Replies (1) | Respond to of 1923
 
I too am a novice, a LONGTIME novice! I think this stock has no real price YET (IMHO). Volume is very light, price moves every which way on little or no volume! How many MMs are there? No competition for this stock = no real price for it. Maybe when news on atpx hits full stride and there is a sense of its growth, financials, etc then it could find its true market value. Large spread means for me little or no interest on the part of buyers and sellers. Especially for a prolonged period of time. The MMs control this thing. People who have to unload a bundle or who decide to buy a bundle will have to do so very carefully. I repeat I am a NOVICE and watch this stock very closely. Comments please.

Jack