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Technology Stocks : Aladdin Knowledge Systems (ALDN) -- Ignore unavailable to you. Want to Upgrade?


To: OpenSea who wrote (331)7/14/1999 6:30:00 PM
From: Harry J.  Read Replies (1) | Respond to of 351
 
Jim - About that strange activity - ALDN's average trading day is about 22,000. Today (July 14th) ALDN traded about 964,000 shares, of which I think 800,000 was in one block. Including this amount, about 2 million shares have traded during the eight days since (and including) July 2 (judging from the little bars on the chart or actual #s, trading days were about 90,000; 600,000; 100,000; 141,400; 50,300; 94,000; 41,300; and 964,000 starting with 2 July). On July 6, ALDN announced a partnership with MSFT for Windows security, but there's been no large news other than the MSFT announcement but the price has stayed around 8.125-8.625 during this time. What are we seeing - institutional investors swapping stock? I checked WAVX during the same time and noticed a decrease in market activity so I don't think it's ALDN's interest in WAVX.
Regards,
Harry