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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Perry who wrote (2777)6/3/1998 7:19:00 AM
From: Glenn Perry  Read Replies (2) | Respond to of 17679
 
>>>Continued drift on low volume for several weeks with the possibility of a locals bear raid gunning for sell stops bunched up below the price of 2.<<<

Ed, can you expand on this "locals bear raid"? Are you theorizing a quick drop below 2 to gobble up shares hanging there as "sell stops"? Are there Market Makers in Ampex (i.e. who controls the price/action)?

Great analysis, as always, though I must admit I don't quite understand T/A.