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 : GTS DURATEK INC (DRTK )

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J. W. Kennedy who wrote ()3/31/1997 9:52:00 PM
From: Peter H. Hodge   of 49
 
I didn't start watching this stock until it rebounded from 4 7/8 and was at 5 3/8. Point of interest, one Market Maker (DMGL) stayed on the ask for the rest of the day. It seemed they were intent on keeping the ask from rising as they sold and sold without budging even when all transactions were buys. Then, in the P.M. when there were just one or two sells, the bid dropped immediately as low as 5 1/8.

This gave me the impression that the the price could move fairly dramatically to the upside if DMGL wasn't selling. Since there was significant buying all day long, and strong into the close, I will not be surprised to see strong buying tomorrow. DMGL has kept the price down today, but who knows about tomorrow. I'll be buying some more in the AM.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext