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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Instock who wrote (13594)2/4/1999 9:17:00 PM
From: RADAR )))  Read Replies (2) | Respond to of 29382
 
Instock:

Thanks (said with humble tone)!

Kummquatt said the after market was strong in PQT. At about 8 or so. If that is so, then the opening is going to be strong. I can handle that. Will be sitting at the window watching it run (up I hope). PQT's possible merger talks and the new product release will bring in heavy volume tomorrow. Heavy volume always brings in large price movements. **** EVERYONE, READ THAT LAST SENTENCE SEVERAL TIMES AND REMEMBER IT. IT IS THE ESSENCE OF DAY TRADING!!!! ****

Don't know if anyone besides the MM's could short the stock. The volume was over 8,000,000 shares. Almost twice float. It may have been blocked from short sales by some of the brokers. But, I do think the MM's used the final hour to buy a lot of cheap stock getting ready for in the morning. Whether they were covering their short sales from earlier or not.

Isn't it amazing how many shares can move before the news is released. Watch out for the "good news traders" who always dump out as soon as the news is released.

RADAR
RADAR