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Technology Stocks : C-Cube
CUBE 36.64-0.5%Dec 5 9:30 AM EST

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To: Craig Gordon who wrote (43150)7/17/1999 11:11:00 PM
From: Craig Gordon   of 50808
 
One man's opinion of price activity.

Cube's share price performance on Friday was very manipulated. Looking at the intraday chart you can see how the market makers unloaded their inventory on the unsuspecting suckers that put market orders in on the opening.

Then they flushed the price and brought it back (on really light volume) so that the suckers that read the paper will get a good (all be it fake) picture of what happened.

On Monday look for the same type of manipulation. 10 minutes after the market opens they will flush it and bring it back at the close on really light volume. High 35 1/2 low 33 close 34 1/2.

The pros are dumping and they want the highest price possible. They don't have to worry about options expiration.
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