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Telefônica Brasil S.A. Message Board

  • dbergh1 dbergh1 Jul 9, 2008 6:41 PM Flag

    Hey Madd

    A sell of 5000 shares to drope it from $1.22 to $1.18

    I did not keep the exact number but it was over 25000 shares that were
    bought in the last 10 min of the day from $1.09 to $1.22

    Dose any one have a NAME for this typ
    of trading / buying & selling that is going on

    This is going on for a couple of days now
    big buys small sell

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    • I call it, "the MM needs to bring it in @ XXX at close."

      You can spot this when you see small volume, big move or big volume, small move. It all has to "catch up" eventually. I see big buying yet small move, just wait. It's just delaying the inevitable.

      On the flip side, I don't get too worried about big moves on low volume days. I see it (all other things being equal) as a buying opp.

      I'm not sure I understood your question, but I hope so. BS at the close is COMMON. Where a stock closes is key in many formulas. To me, I couldn't care less honestly. It's temporary IMO. The piper WILL be paid.

    • Strong shipments boost Ultralife 2Q revenue
      Wednesday July 9, 8:27 am ET
      Ultralife 2nd-qtr revenue to be about $88 million, above company's and analysts' estimates

      NEWARK, N.Y. (AP) -- Ultralife Corp., a battery and power solutions provider, said Wednesday second-quarter revenue will beat its previous expectations because of strong shipments and accelerated deliveries.
      Ultralife now anticipates revenue for the quarter ended June 28 will be about $88 million. It had previously estimated revenue would exceed $75 million.

      Analysts polled by Thomson Financial, on average, forecast revenue of $66.4 million for the quarter.

14.27-0.33(-2.26%)Jul 25 4:03 PMEDT