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 : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: William Epstein who wrote (11481)5/27/1999 10:57:00 AM
From: Gordon Quickstad  Read Replies (1) | Respond to of 27311
 
The Market Makers appear to be vacuuming up cheap low volume shares. The background "noise" level trading that always occurs as investors look for funds to transfer to the next hot tip they hear, provides a steady source for MM's to accumulate as they bias the price lower in anticipation of the next run-up. The downward bias actually helps shake these shares loose. Problem lately is that the internet stocks are looking like they partied too long after midnight and drank too much booze. They're young though and might be ready to do it again next weekend.