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 : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: heidi medline who wrote (2322)4/22/1998 12:43:00 AM
From: Eric Hautemont  Read Replies (2) | Respond to of 16960
 
Saw a good plausible explanation today in a recent post on Yahoo's TDFX msg board. The guy argued, and I would agree as I was buying right when the stock dropped from 32 to 30 then came back up in the last 20 minutes of the day that this is purely the result of traders/MMs seeking to trigger STOP orders then picking up the shares cheaply on the way back up. Given that a lot of people put their STOP 10-15% down from the price, and that this is often the magnitude of the gap, this seems like a plausible reason.
Eric



To: heidi medline who wrote (2322)4/22/1998 10:49:00 AM
From: Andrew Fenic  Read Replies (3) | Respond to of 16960
 
Just some old fashioned profit taking yesterday and today. I'm buying on the dips as the fundamentals look great. We'll see a new wave of buying shortly.



To: heidi medline who wrote (2322)4/22/1998 11:22:00 AM
From: JR  Respond to of 16960
 
heidi,

Price gaps a considered significant movements by technical analysts, because such gaps are often indications of an overbought or oversold position.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News