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Technology Stocks : Brite Voice (BVSI) -- Ignore unavailable to you. Want to Upgrade?


To: Rob Palmer who wrote (455)2/19/1999 1:51:00 PM
From: Bosco  Read Replies (1) | Respond to of 495
 
G'day all - Rob <g>, I was tempted this morning when MMs did a head fake [I have come to learn the a plunge on no volume is a standard signal for BVSI to reverse course. Seen that at least 3 or 4 times in the past year] but I ve been riding lo on margin. Lo and hold, volume jumps again!

Does anyone have Level II to shed some light on this wacky volumes. Despite the volume explosion yesterday, I was not too concerned. Even if it were unwinding by the departing execs.

The good thing is that we ve a higher low; the bad thing is that technicals have deteriorated.

best, Bosco



To: Rob Palmer who wrote (455)3/31/1999 9:26:00 AM
From: Bosco  Read Replies (1) | Respond to of 495
 
G'day all brite-heads, who is unwinding the position? It seems that someone is dumping a few thousand shares at the open for the past few days. Almost like some sort of distribution? This is different from the past when price decline was due to low volume [low demand on an illiquid stock.] Now, this seems to be coming from a [relatively] high supply! If it is Mr Gergacz unwinding his holding, then at least it is a reasonable situation; if not, who is behind this?

best, Bosco