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Strategies & Market Trends : Temp. Home of Cooperative Group-Trading
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To: Rajiv who wrote (404)7/2/1999 5:57:00 PM
From: Peter V  Read Replies (1) of 790
 
Few threads that I frequent have much traffic this week, I guess because AG and Mr. P are on "vacation." But I thought I was alone here for the past few days. Let's see if we can get some posts on here next week.

As for RBAK, I guess you made a wise move. It was weird, however, how it suddenly jumped in volume and price in mid-afternoon, I thought all the traders would have gone home early (but as you say, maybe that's what happened and all the shorts wanted to go home without holding it). Boy it's volatile. I know it has a low float, but even today it only traded 1/10 the float (or 1/20 if you look at double counting). Given how the bid/ask moves up and down without any trades occurring, it appears to be a bit manipulated as well.

Have a great holiday.
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