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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

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To: Doug B. who wrote (1495)7/17/1999 2:05:00 PM
From: semi_infinite   Read Replies (2) of 3661
 
*manipulation*
Something definitely smelled yesterday. Someone sold 43 August $12.5 calls and the same (or affiliated, my guess) placed a 65K block at the opening to drive the price down. Then "they" bought the 65K (and I assume the calls) back at the lower prices. The day's volume was about 130K above average (NASDAQ double counts), and I don't think that was coincidence. The stock hit a low of 10 3/8 just above a 3K limit order block at 10 7/16, and that was no coincidence either. This stinks to high heaven. May I ask when did you first notice the sale of the calls, and your affiliation?
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