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Anadigics, Inc. Message Board

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  • lemonyelow1 lemonyelow1 Aug 9, 2007 1:23 PM Flag

    Could this article have caused the sudden drop

    Fine day for ANAD -- think it'll hold it?!

    'course we're all engaging in a certain amount of speculating -- both as to ANAD and the market's "logic," and never were quotation marks more fitting.

    One thing I ran across -- yes, I'd seen it before, but possibly years ago, and my memory never was my strongest suit -- was an "analysis" of the "final hour" phenomenon. Whoever wrote it said that fully half of today's trades or volume (I know it matters, and I'm not sure which) were computer-initiated.... Yes, we can agree that people program computers, but the implication was that these trades have an "2001-ish" "HAL wanted to lighten up before 4 PM" quality.

    Obviously, this is worth thinking about (to the extent that it's true) in connection with recent days' 3-4 PM swings.

    I'd go one step further, however, and say that ANAD's volume (among many others, but not hundreds of stocks) makes me suspect that it's not just indexes and sectors that are being "manipulated" (for once, not said sneeringly), but individual securities such as ANAD.

    I also have to figure that jittery longs and what one has to believe are even more jittery shorts sometimes bet with or against "the computers" in that period. That is, a nervous short might have breathed a monstrous sigh of relief some time in yesterday's final hour and cut his/her losses; alternatively, a long might have gotten nervous and joined in the rout-in-progress for 15-30 minutes.

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