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BondGekko

04/26/03 7:19 PM

#21142 RE: grither #21138

grither, i have no idea why, i am using anecdotal evidence that afterhours volume spiked strangely before resolution and it is spiking now, normally idcc trades low during afterhours, not only that but our normal volume has been keeping high as well

basically it might not mean anything, but it happened before resolution so i am hoping that is a sign, but i do know this, there is always info that gets out with every company, just a fact of life
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wireless_wazoo

04/26/03 7:26 PM

#21149 RE: grither #21138

I didn't say any news had leaked but I thought one tenet of trading is to look for unusual volume spikes. I consider it unusual that 20-25% of Thursday's volume was traded in the last 5 minutes (including AH) and almost 20% was traded in the last few minutes of Friday (including AH). You can choose whether this is normal activity or not or whether it means anything -- I just believe it's intriguing, nothing more/nothing less.

I decided to look today whether there was any unusual activity in the days leading up to the ERICY announcement and noted TC's post and I also believe JK posted something on the 13th or 14th about a heavy increase in call buying.

If you've followed the Raging Bull board and this Board, you will note that I am an investor which likes to piece together factual things that make me go HMMMMMMMMMMMMMMMM!! One other thing making me go HMMMMM was what I tripped over the other day reading the recent 10-K (I believe page 30 to be exact) --take a look at the date when the ERICY agreement was settled.