SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?


To: OrionX who wrote (3785)3/19/1998 10:09:00 AM
From: Roman  Respond to of 18016
 
It's down on fairly low volume, wonder is brokers are not trying to get all the shares on stop loss order



To: OrionX who wrote (3785)3/19/1998 10:11:00 AM
From: PeterR1700  Read Replies (1) | Respond to of 18016
 
MAURO - can't explain drop. sorry.

Peter



To: OrionX who wrote (3785)3/19/1998 11:55:00 AM
From: notredame  Respond to of 18016
 
That sounds like the cry of an options buyer (from experience).

I find that stocks do funny things around expiry dates, it might explain some of it.



To: OrionX who wrote (3785)3/19/1998 12:59:00 PM
From: Mark Kubisz  Respond to of 18016
 
Mauro, sometimes there is no single reason. It's just the ebb and flow of buyers and sellers. With Newbridge you have to get used to this - its typical. The encouraging thing is how fast it bounced off its low for the day. A lot of smart people were just waiting for a little drop like that.



To: OrionX who wrote (3785)3/19/1998 3:57:00 PM
From: Brian Hutcheson  Read Replies (1) | Respond to of 18016
 
re. explain today's drop
It just made a 60% recovery from its low of $27 (NNC) .
I am surprised that you did not expect a correction .
Look at NNC's chart back to 1996 , it will show almost an identical
stock movement ,
Brian