CheckFree Holdings Corp. (CKFR), the next Dell, Intel? Message Board

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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: rumble_maker who wrote (7011)	6/24/1999 3:03:00 PM
From: Tom Klempay	Read Replies (1) of 20297

A market maker that is trying to buy stock to cover a short at say 29 1/2, will make a stock look "weak" so people with fear will give their shares up. It is common to tank a stock after you have sold shares for a client. At the end of the day, when you give that client a call with their average price, you need to make sure you did better for them then the average price. To do this, you will hold some of their order until the end of the day and just ruthlessly sell, driving the stock down. Risking the wrath of people who dislike Cramer, I'll point out that he recently wrote an article about the times that his wife (aka the Trading Goddess) echoed the exact sentiments you mention above. Are you sure that you're not Cramer in disguise <g>? -tk

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