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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (13710)3/30/1998 9:50:00 AM
From: R. Bond  Respond to of 31646
 
JDN,

I agree that the volume was massive on two occasions. I, for one, bought into it.

I just want to mention, from experience, that volume can be illusionary when a stock is being manipulated. My bad experience included a BIG mystery buyer and increased volume. The next move was, as the price declined, righteous pleas to hold because a price explosion was imminent (due to the faith exhibited by the position put on by the BIG buyer) and even calls to take delivery of your shares to cause a short squeeze.

That is not to say TAVA is such a case. I think the management speaks for that.

All the best,
Bond