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Office Depot, Inc. Message Board

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  • ice_nc ice_nc Aug 4, 1999 9:51 AM Flag

    now we're screwed :-(

    Now we know why yesterday the stock dropped while
    at the same time institutional activity was not a
    factor until later in the day. DLJ most likely gave an
    inner circle a heads up and the selling started. THIS
    IS AN SEC VIOLATION. Yesterday, THERE WAS NO REASON
    FOR SELLING. This is BS. STAPLES took a huge hit at
    open this morning.

    This morning, the ODP money
    maker has the spread on attempting to keep the price
    up. Institutions are showing buying interest yet, no
    one has jumped in to buy just yet. We are down bad
    this morning and my shifted stop kicked in at 16 5/8.
    I'm temporarily out...

    Tell Sarah I said
    that's why you don't buy on dips. We had another one on
    the next day.

    Cheers,
    ............. Ice

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