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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...? -- Ignore unavailable to you. Want to Upgrade?


To: marcher who wrote (1690)6/26/1998 12:54:00 AM
From: Walk Softly  Respond to of 1936
 
Marc... that's what I meant by "painting the tape".... there is accumulation going on here being masked by dropping the bid at days end on almost no volume.... I noticed the same thing... also saw this activity last year just prior to the move from 5 to 10.... this maneuvering can fool some into selling their shares (which is the object of the accumulator, he wants inventory as cheap as he can get it).... most likely a coordinated effort between the controlling MMs.... this activity will fool OBV and Money Flow indicators causing technicians to sell shares... someone smelling money here.....

C ya



To: marcher who wrote (1690)6/26/1998 2:21:00 AM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 1936
 
Marc - Re.:drops sharply on trades that appear to be buys. What might account for this action?...

Interesting! I do not know the answer. Ram