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Rambus Inc. Message Board

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  • shibleequreshi2000 shibleequreshi2000 Feb 12, 2007 11:40 AM Flag

    the 22.50 roadblock......

    Shares outstanding is 80 millions, in last 5 or 6 tradings days more then 80 millions shares traded average $22.70. Now tell me why this stock is going out are people selling this stock with loses? Mind boggaling

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    • investorstrust Feb 12, 2007 5:12 PM Flag

      its in the grip .. how tight is the grip of these new 80m outstanding shareholders .. actually 80+m trades last 5 days ... so you think that's bullish .. the longs that were at 10-19 price sold to the new 22.7 average priced longers ... study the price volume changes .. the OBV today where 1.227 shares traded lower than the previous price tanking the price to 21.83 last trade .. up volume dried up on friday and continued today .. this trend will test the grip pressure of those new longers at the 22.70 higher price .. may gap down as the loss limits are triggered .. who knows ..

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