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Non-Tech : Bill Wexler's Dog Pound
REFR 1.580+0.6%10:02 AM EST
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To: DanZ who wrote (2860)8/5/1999 4:57:00 PM
From: surelock  Read Replies (1) of 10293
 
Dan,
One of my favorite indicators of a manipulated stock is when the
last half hour volume is dramatically higher than the rest of
the day, and the price is high-closed. Sabratek has been a classic example of that. In fact, in its most recent run, there were
25 and 50K buy orders placed on the bid moments before the close.
That was just before a nasty little earnings report took it
from $25 to $10ish.
Take a look at the last 3 days of trading on GUMM, and notice the
last half hour volume and price swing. Any thoughts?
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