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Technology Stocks : Trading TAVA -- Ignore unavailable to you. Want to Upgrade?


To: B.D.Bauden who wrote (551)7/18/1998 12:14:00 AM
From: Tim J. Flick  Respond to of 655
 
2 Cents!!
Just some observations from a trader and this past week. I had a shitty week. Watched the 4 horseman explode to the moon, and got knocked around in the mid-caps and see the micro-caps totally dead or going down. Yes, going down with the Nasdaq at a record high. If you are frustrated with your performance of late let me tell you it's a tough game. I even sit next to a seasoned day-trader that has mucho experience and savvy and he also had No fun this week. So it was just not me. Now I did talk to some other buddies that had better success than I, but no world beater.
Now Tava. Just trades terrible. This stock trades like there is no interest at all in what they do, what group they are in, or what the future holds. Huge sums of money is pouring into the market and the fund managers buy the same stocks. It's... Hey Joe we just received another 5 million yesterday what shall we buy? Oh just go put it in the same three stocks that we bought 2 days ago. You mean buy some more MSFT, INTC, CSCO? Yes just buy those three. The smaller caps are getting very little of this fund flow, and the Micro-caps (TAVA) look to be getting outflow of funds. I am still out of Tava until the beast begins to act better. Damndest thing I've ever seen.
Well.... there is next week!!! Everybody have a cool weekend.



To: B.D.Bauden who wrote (551)7/20/1998 10:27:00 AM
From: jan m.  Read Replies (1) | Respond to of 655
 
Bruce---Keep the faith, I'm going back to San Jose next week. Jan



To: B.D.Bauden who wrote (551)8/3/1998 2:58:00 PM
From: B.D.Bauden  Read Replies (1) | Respond to of 655
 
At 14:49 today the bid/ask was 6 1/2 x 6 9/16. A block order for 15000 shares went through at 6 11/16 yet the bid/ask never changed.

Could someone explain to me how this could happen?

Bruce