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Technology Stocks : Cayenne Software (CAYN) -- Ignore unavailable to you. Want to Upgrade?


To: stock talk who wrote (761)3/3/1998 12:52:00 PM
From: stock talk  Read Replies (1) | Respond to of 1096
 
Case in point:

< There has been net buys vs sells(3 to 2 margin)and the price has moved slightly down. Looks to me that it is under controlled accumulation as so the smart money can buy on the cheap >

We just had 103,000 shares traded between 12:10 & 12:30 ALL at 2 5/8, however only 8800 shares were sells and 94,200 were buys. Net result the MM move the ask up to 2 11/16. Looks like the smart money are shaking out the weak players before the next run and buying on the cheap.



To: stock talk who wrote (761)3/3/1998 1:06:00 PM
From: G. H.  Read Replies (1) | Respond to of 1096
 
I know it is being bought I have seen this pattern before. Speaking
of buyers it seems that they are back today. You know I keep looking
for something wrong with this company, to play Devils advocate, so
I can check my own accumulation . But I just do not see anything
to change my mind, I dont know about you but I think I'm into a
very good deal, perhaps one of the best I've ever found. We have
a small company with good growth in an industry with tremendous
growth, a corner has been turned with respect to profit, and the
company executives are buying their own stock on the open market.
Have I missed anything ?

Henry