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nuggetminer

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nuggetminer

Re: SyndicateTwo post# 12172

Wednesday, 10/17/2007 10:04:13 PM

Wednesday, October 17, 2007 10:04:13 PM

Post# of 22169
<<< I have the suspicion because there was no news, that this might just be a game of pin the strike.>>>

Here's my alternate, fundamentalist explanation: Institutions are aware that MRVL's growth is picking up again, but they've been loathe to buy because they knew the SEC still wanted its pound of flesh for the stocks options issue.

With last Friday evening's Wells Notice announcement, the end of this matter is now in sight for the institutions, and the consequences aren't going to be that severe (except perhaps for Daili). So, these institutions have begun their accumulation this week, and this effect was enhanced by INTC's good news and the resultant favorable semi group backdrop.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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