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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (3482)4/21/1998 4:12:00 PM
From: Amigo Mike  Read Replies (1) | Respond to of 29382
 
Max,

Whatta ya mean Amigo ????? Closing ask 23 7/16 bid 23
Last trade at 23 1/4. There are still large asks showing throughout the day. Between yesterday and today, I saw huge asks above 40K shares. My feeling is that the shorts are trying to cover as many shares as they can as quietly as possible, then run the stock up the flagpole.

Stay cool and strap yourself in. Could be an interesting ride !!!

Amigo MIke



To: LTK007 who wrote (3482)4/21/1998 4:17:00 PM
From: Amigo Mike  Read Replies (2) | Respond to of 29382
 
A note on SEVL,

Over 34000 ticks on this stock .... average trade size - 848 shares.
Appears this is the little guy on the internet and the SOES and daytraders banging the hell out of this stock.

THis smells of a speculative bubble in the marketplace. THere is no way SEVL should have gone above $3.50 much less $11.50. This is totally rediculous. So ..... just be careful out there in Amigoland !!!!

Amigo Mike


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