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Re: Who's Propping up SCOX?

On 2006-07-05, Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx> wrote:
> __/ [ Stephen Fairchild ] on Tuesday 04 July 2006 22:51 \__
>
>> Robt. Miller wrote:
>> 
>>> 
>>>  Vol:         899,812.00               Avg Vol:       47,000.00
>>>  
>>>  I don't know the stock market very well so forgive my ignorance in
>>> asking this - does the above mean that trading in SCOX shares is
>>> approximately 20 times higher than normal? If so, doesn't that trigger
>>> any interest by the entities that regulate this stuff or is this
>>> perfectly normal?
>>> 
>> It could be investors looking for a bounce before it all goes down the
>> toilet.
>
> All I know is that SCO's stock sank 20% the other day. When people sell /en
> masse/ the trading volume will be higher. Volume can be either a bad or a
> good (or neutral) indicator... it only says something about level of
> activity. One of the big shareholders of SCO must be Microsoft.

 Ahh, I was thinking that it was being furiously bought as well as sold yet still
sank.


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