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 : Equinox Systems (EQNX) -- Ignore unavailable to you. Want to Upgrade?


To: HeyRainier who wrote (546)6/23/1998 3:40:00 PM
From: Dragon  Respond to of 765
 
Looks like a couple of 40- 50 K share blocks earlier today, and a few smaller ones, but mostly retail buying since then.

I realize that this is way premature, since a base isn't even in place yet (but hopeful!), but the damage to this stock was so extensive that I have to think a 33-40% retracement would almost certainly have to be followed by a retest of the lows. I think it's much more likely that if any extended recovery comes, it'll be off a W, not V, bottom. There must still be some holders who would jump at the chance to get 3 points and get out with some of their marbles.