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Re: IDoCare post# 2114

Saturday, 01/11/2003 10:09:09 AM

Saturday, January 11, 2003 10:09:09 AM

Post# of 432922
IDOCARE, the stock price is slightly higher than it was at the end of the year. 14.56 vs 14.76. The drop Wed and Thurs of this week is no doubt what you're referring too. These also are days with 800 and 900 plus shares traded. Vol fell back to 500 plus yesterday. While I'm no longer following the trades on a daily check I'm comfortable guessing that those two day drops were caused by institutional selling based on the higher vol. An easy way to check would be to look for block trades. Several of them. I believe there was one I posted before the market opened but I never went back to see if there were others. Bottom line the reason the stock fell is the sellers out numbered the buyers, and the vol points to the big boys. The 400k plus less in vol to me means that they're done.

For me it's an expected and meaningless event that has been repeating and will continue too. It will not, in my case cause me to stray from my focus. As far as options I wouldn't try and time the end results. Delay's can occur and fortunes lost by a simply missing the boat by being a week or two off.

Anyway just an opinion.


Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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