Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

NVEC closed the "normal session" at $32 plus or something. The AH selling was probably just one outfit with some 10 to 20 K shares offered and selling almost indiscriminately to as low as $26 (almost $6 bucks on such a small volume). My guess is that once the major players come back in the support just above $28.70 should reestablish itself. On the way up, I would guess quite a lot of resistance in the $35 or so area. Dn'y you think we already had a panic selling from $45 to $30 or so already $5 to 6 MM shares total? If we open well under $28.70, that might indeed precipitate another selling wave to the low $20... If you look at a "Volume by price" chart, you'll see that the major volume was between $31 and $33, not improbable (if exuberance reigns) that "they would want to open it above that range...