To: Double Dipper who wrote (570 ) 4/25/1998 1:43:00 AM From: Morry Read Replies (1) | Respond to of 913
Folks what we had today was a good old MM tree shake. I charted the two graphs below based upon today's trades on the half hour. Note the investment interest in Vteh during the morning hours. A lot of volume and a good price. MM's saw a slack time during the early afternoon hours. Knowing European investors would be back on Monday and the volume appearing tight they gave the old tree a shake and down came 5 big investors and 470,000 shares. Note on most quotes, the day ended at 1.19. The transactions show 5,000 at 4:03 at 1.63. They were able to put VTEH back into place with 470,000 shares free. As long as they shake the tree I'll be there to pick them up. VTEH will not be run by news. We just put 470,000 shares back into arms of daytraders. Hopefully, long term investors will get them first. Based on information on this thread and the website, we have 120 days to set up hardware, hire, train and advertise this company. The only news from signing loan to opening is possibly NASDAQ. We can't have day trading & MM's delay VTEH any longer. We have a tight hold on this stock. One day when VTEH has it's run the MM's will be shut out. What we need is a slow, strong rise to place the stock in position for NASDAQ. MM's are laughing tonight because they freed up the shares. If you don't think holding long works when shares are tight, then look at the DGIV. They hold a floor is secured, they sell and the stock drops. But investors are there to pick up the shares. MM's will play games as long as you want to play games. But, when the show starts I hope you have the shares you wanted and the small 2x was worth it. VTEH Shares Trades Avg Shares Per Trade 09:30-10:00 315,800 93 3,396 10:00-10:30 162,100 63 2,573 10:30-11:00 300,800 42 7,162 11:00-11:30 87,800 48 1,829 11:30-12:00 25,400 18 1,411 12:00-12:30 30,400 15 2,027 12:30-13:00 33,200 21 1,581 13:00-13:30 28,400 11 2,582 13:30-14:00 71,600 16 4,475 14:00-14:30 55,400 21 2,638 14:30-15:00 51,300 17 3,018 15:00-15:18 54,700 47 1,164 15:18-15:30 229,000 35 6,543 15:30-16:00 153,800 34 4,524 16:00-16:03 5,000 2 2,500 First Last Hi Low Trades Trades Trades +20,000 <1,000 50,000 09:30-10:00 1.50 1.56 1.75 1.50 3 45 0 10:00-10:30 1.53 1.75 1.75 1.50 0 24 0 10:30-11:00 1.75 1.75 1.75 1.72 6 9 4 11:00-11:30 1.75 1.69 1.75 1.69 0 22 0 11:30-12:00 1.75 1.75 1.75 1.69 0 14 0 12:00-12:30 1.69 1.75 1.72 1.69 0 5 0 12:30-13:00 1.69 1.69 1.69 1.63 0 14 0 13:00-13:30 1.63 1.63 1.63 1.63 0 8 0 13:30-14:00 1.63 1.63 1.63 1.59 0 9 0 14:00-14:30 1.56 1.38 1.56 1.56 0 7 0 14:30-15:00 1.53 1.31 1.56 1.31 0 36 0 15:00-15:18 1.31 1.01 1.50 1.01 1 7 2 15:18-15:30 1.01 1.00 1.09 1.00 2 8 0 15:30-16:00 1.00 1.19 1.19 1.00 0 0 0 16:00-16:03 1.56 1.63 1.63 1.56 0 2 0 Sorry this doesn't graph out at all. If anyone knows of a way let me know. Thanks