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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (67)3/12/1998 11:11:00 AM
From: dealmakr   Respond to of 650
 
BFIT update

Bid 28 1/8
Ask 28 3/8
Last 28 3/16
Vol 6.4k

I think this needs bigger vol. to attain critical mass on the downside.

Dave



To: Pancho Villa who wrote (67)3/12/1998 11:33:00 AM
From: CatLady  Read Replies (1) | Respond to of 650
 
It's looking like the upward momentum has dried up at least...



To: Pancho Villa who wrote (67)3/12/1998 4:14:00 PM
From: put2rich  Read Replies (1) | Respond to of 650
 
<BFIT at 11:00 AM down 1/4 on low volume. Have we stopped it?>
Pancho, we have not stopped this sucker yet. Due to low vol. they manipulated it, I guess. I saw at least one block buy then couple minutes later the same size block sold. The last minute 300 shares passed at ask price to raise it up to 29 1/2.
Any long or short can think that they can push this one to 35? What those fund managers saw in this that we could not see, esp. at this price?


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