Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Peapod (PPOD) -- Ignore unavailable to you. Want to Upgrade?

To: Regis McConnell who wrote (572)	12/28/1998 6:55:00 PM
From: Moominoid	Read Replies (1) \| Respond to of 1170

My guess that the sudden rise in volume and price is due to a mutual fund or such like establishing a position in Peapod. This is what that normally looks like from past experience. Then after a day or two the stock goes back where it was when the buying volume declines. It didn't burst up at the start with the Inuts and as you say there isn't any identifiable news. You can see another of these events back in late August at the peak there. A genuine broad rise such as in October gradually builds up volume. iqc.com That's my guess anyhow.... David