SI
SI
discoversearch

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 : General Magic -- Ignore unavailable to you. Want to Upgrade?


To: RidgeRunner who wrote (6177)5/14/1999 12:41:00 PM
From: John Madarasz  Respond to of 10081
 
Informative and insightful post RidgeRunner, Thank You

Concerned...no

Expectant...Definitely

Regards and good luck, John



To: RidgeRunner who wrote (6177)5/14/1999 1:27:00 PM
From: Seconds Out  Read Replies (1) | Respond to of 10081
 
RR, I was just about to tap your knowledge about why you though GMGC was trading in such an unbelievably tight range since yesterday at about 11:00 AM, when I saw two trades go by at the bid of $4 each for $391,400. They occurred at 12:54 and 1:01.

Just MM's swapping shares to clean up their position? To trade for so long in such a tight spread is out of character for this stock, based on my experience. Now that the trades have cleared it will be interesting to see what happens next, I guess.

As those on this thread know, I am not a day trader, and am really just interested in some theory if you are so inclined to take the time.

Thanks in advance...I won't make this an ongoing exercise.

Seconds Out.



To: RidgeRunner who wrote (6177)5/14/1999 3:28:00 PM
From: Rob Anderson  Read Replies (1) | Respond to of 10081
 
Thank you for articulating the answer to my question so well!