Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Chow who wrote (4527)	5/6/1999 11:29:00 PM
From: Testy_Coles	Read Replies (2) \| Respond to of 5650

The market makers drove the price down is more like it. Often times they'll jump in on the ask side with a 1/16 lower price. From all of the 1k lots that passed in the last half hour it looked like they were taking out the stops. When the majority of brokers buy more times than they sell, it generally means the price will be going up. I wouldn't want to be short going into tomorrow. A gap up the next morning is entirely possible when the sell off to buying brokers is this late in the day. Notice the price was rebounding the last four minutes. For an internet stock PSIX is a tough cookie. Maybe we can get someone else to give us their take.