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Message Boards Settings MICROS Systems, Inc. - Quote Info
WT!!     27-Jun-09 02:05 pm    
Anyone care to offer an opinion on what the hell happened yesterday after 3:30 pm. I am talking about the volume and price drop. It absolutely enrages me when I see things like that happen in the market and there is no press release, explanation or anything else.
I have seen enough things in the market now to convince me that I will always be a trader and short more often than go long. The concept of stock ownership and its benefite is totally meaningless to me. I even doubt that I will get a reply to the email I sent last night to investor relation.

My own opinion as to yesterdays action is that the two biggest holders (according to Yahoo), Barclays and Wellington are in liquidation mode and sold their positions to another large outfit for a discount. It still merits a comment to say the least.

Will I ever hold stocks more than a month? Why of course but it has nothing to do with the stock ownership benefits but because of the psychology of investors, who by their misconceptions still believe the market is a good place to be and will cause prices to rise.
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jrcheyn

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  Subject Author Rating Time of Post (ET)  
 
WT!!
jrcheyn Not rated 27-Jun-09 02:05 pm  
 
Looks like someone big walked. Saw that on a numbe...
plashadpobe... Rate it 28-Jun-09 08:40 am  
 
All Barclays institutional holdings. Where ar...
jrcheyn Rate it 28-Jun-09 11:48 am  
 
I don't think MCRS is heavily followed r...
plashadpobe... Rate it 28-Jun-09 01:30 pm  
 
I am familiar enough with MCRS. Jus...
jrcheyn Rate it 29-Jun-09 04:21 pm  
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MICROS Systems, Inc. (MCRS)

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At 11:35AM ET: 29.38 Down 0.17 (0.58%)
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