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Pastimes : DD's DD

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To: Due Diligence who wrote (1190)3/28/2000 8:27:00 AM
From: ChrisJP   of 2080
 
Hi DD, I saw that post too.

My experience trading EXSO in 1997 and 1998 pretty much leads one to believe the post is accurate ..... with one exception:

They may not be the first to know somethings up, but IMO they are second to know, because they are usually very tight with the company they make a market for. They are nowhere near last to know.

If they know bad news is coming, they will spread rumors of good news. A few days before the bad news hits, they will run the stock leading people to believe that the good news is imminent. This happened with EXSO in Oct 1997 and March 1998.

Regards,
Chris
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