InvestorsHub Logo
Followers 62
Posts 7580
Boards Moderated 1
Alias Born 01/02/2003

Re: IOP Seer post# 77076

Sunday, 08/08/2004 10:15:40 AM

Sunday, August 08, 2004 10:15:40 AM

Post# of 432794
I also noticed the interesting trading pattern for Idcc on Friday. Trading between 9:30 and 2:30 was on low volume and in a narrow range between 18 and 18.40. Then at 2:30 it slipped below 18.00 and in one hour, on high volume,it dropped to 17.40.

I figure four possible reasons:
1.stop loss selling at 18.00 as you suggested
2.margin selling
3.leaking of info about a negative report on Monday.
4. one large seller got anxious and decided to dump before the report

Of the four, I consider #1. the most probable.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IDCC News