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


To: CoffeePot who wrote (500)3/8/1999 8:45:00 PM
From: Steve Smith  Read Replies (2) | Respond to of 703
 
Coffee,

I am assuming that you are trying to cause a short squeeze here.

First of all, SEVL is no KTEL. KTEL had only 1 million in the float while SEVL has 12.1 million in the float.

2nd of all, the huge volume is the combination of daytrading and mass insider selling.

steve



To: CoffeePot who wrote (500)3/8/1999 8:49:00 PM
From: Mark The Trader  Respond to of 703
 
K-tel also had about a 4 mill share float pre split , shares were scarce thus the insane price . Sevl has a small float but not small enough in my opinion to cuase the wild stock gyrations that K-tel had .

Mark



To: CoffeePot who wrote (500)3/8/1999 8:52:00 PM
From: genejockey  Read Replies (1) | Respond to of 703
 
Coffee, huge mistake to assume Yahoo SEVL float number is correct.

techstocks.com

The reason this thing didn't run after hitting 10 is that there are just too many shares out there. Daytraders realize now that this thing can't rocket up. Less interested daytraders, less buying volume, huge float = a SEVL crash.