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Technology Stocks : The Panda Project (PNDA) -- Ignore unavailable to you. Want to Upgrade?

To: Rubber Man who wrote (1158)4/6/1998 10:49:00 PM
From: Q.  Respond to of 1521
 
Looks like this bubble popped, and faster than most.

In frothy markets, you sometimes see stocks zip up on super heavy volume in a day or two. Then when the volume peaks, it's all downhill.

This one just did it faster than most.

Last time PNDA bubbled was in the summer. The market was getting frothy then too, before the October bust.

I'm interested in watching for other bubble stocks, too, for their merit as shorts as well as their aggregate value in indicating market peaks.



To: Rubber Man who wrote (1158)4/6/1998 11:18:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 1521
 
>>>Looks like someone got out of a huge position today:
15:02 5 3/32 756,400<<<

Umm, I don't see that print on PCQuotes, and it wouldn't jive up with the volume total if it did. Volume would have had to have been at least 1,512,800 to have sustained a block that size as Nasdaq double reports it.

It was still a nice day to be short. I wonder what happened to JAGUAR?

Barb


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