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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: Geoff who wrote (4579)9/16/1998 6:37:00 PM
From: donss  Respond to of 10852
 
re:<<...rose as much as 1 7/16 to 14 1/2 on an outflow of $6.06 million as the satellite...>>

What does outflow of $6.06 million mean in this context?
-Don



To: Geoff who wrote (4579)9/16/1998 7:39:00 PM
From: donss  Read Replies (2) | Respond to of 10852
 
Re: Loral Space & Communications Co. (LOR) rose as much as 1 7/16 to 14 1/2 on an outflow of $6.06 million.

Inflows and outflows defined by Bloomberg:
Inflows and outflows represent the difference between the value of trades made at a higher price than the previous trade and those made at a lower price.

I guess this means that although the share price rose in value, big money was really leaving the stock. Is this correct?

-Don