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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?


To: Martin Goldenberg who wrote (1496)4/13/1998 4:31:00 PM
From: Bill Arndt  Respond to of 2018
 
We'll have to see how much gas is left in the tank tomorrow. Doesn't look like there are all that many sellers. Maybe everyone is waiting to see how earnings turn out, although I would expect some selling pressure tomorrow. Gosh, even my April 40 calls are rising from the dead!

Go Hum Go.
Bill.



To: Martin Goldenberg who wrote (1496)4/13/1998 4:33:00 PM
From: Paul Loucks  Read Replies (1) | Respond to of 2018
 
Interesting Trades on NASDAQ

Watching the trades carefully, you will notice that the vast majority (probably 90%+) were executed on the ASK side. It seemed like the market makers weren't able to buy anything. Resolving this issue will be very interesting tomorrow. Are the MMs now in a short position? Can they drive the price down and then buy the stock back at lower prices? Will the shorts have to step in and cover their position or will they too sell more and try to drive down the price?

Paul