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Message Boards Settings Pegasystems Inc. (PEGA) - Quote Info
Re: Looks more normal today      5-Nov-09 05:32 pm    
I'm not so sure yesterday's trading action...or part of it...wasn't contrived.

Suppositions:

- Market makers shaking weak hands over the past week trying to get institutions in.

- Could have been some shorts yesterday trying to force the action.

All I know is that had their been true, all out selling yesterday in light of the excellent earnings / guidance release, this stock would have never seen green as it did in the last hour. Then it's back up nicely today. I see no evidence of wholesale distribution.

Just my opinion.
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calcutta_ji...

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Good volume, not unexpected huge volume. Price going up...
chris091750 Rate it 5-Nov-09 12:45 pm  
 
Re: Looks more normal today
calcutta_ji... Not rated 5-Nov-09 05:32 pm  
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Pegasystems Inc. (PEGA)

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On Dec 22: 33.91 0.00 (0.00%)
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