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To: kathyh who wrote (179)4/9/1999 11:55:00 AM
From: Wayners  Respond to of 614
 
I think they ran the price up by going high bid and going high bid through INCA for the express purpose of selling the 9,000 shares at $33 1/8 plus even more at $33 3/8. The bids are still there until people figure out that BTAB is really distributing large numbers of shares at the downtrendline. It will stay up there for awhile, but I think this thing is going to come right back down fast. Right now There is still support because BTAB has been unable thus far to sell those other shares (200 yea right) at $33 3/8. They'd like to drive the price up a little higher to unload those, but they are risking a trenline break which would bring in a lot more buyers than they really need. By the way....I hate BTAB.



To: kathyh who wrote (179)4/9/1999 12:04:00 PM
From: Wayners  Read Replies (1) | Respond to of 614
 
They got the price back up to $33 3/8 and both BTAB and SHWD are on the ask unloading their shares. BTAB has already sold 7,000 shares and they have more to go. I sold those shares I bought at $33 at $33 5/16. Rat bastards.

Edit: Our pals at BTAB just unloaded a total of 16,400 shares at $33 3/8. As soon as they were done, the INCA bid at around $33 disappeared.


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