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Strategies & Market Trends : Shorts waiting to happen

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To: Sabrejet who wrote (147)6/5/1996 6:49:00 PM
From: Cadaver   of 852
 
Re: Cabot

You may be right. But they claim long term benefits. So it's too early to say. Presstek crashed because the chairman and his son are selling 40 million each. You can expect most investors to get out on such news planning to re-enter later. What's happening to Presstek looks like the same thing that happened to IOMG. Sudden upward rush followed by a crash. Let's see if Presstek bounces back like IOMG did. Cabot did warn of a major correction in Presstek and IOMG so they deserve credit for that. I'm also waiting to see what happens to AOL, which they are recommending a buy.

AMTX chart is littered with 50K+ blocks. And somebody sells short at the end of the day to keep the closing price down. I wonder what's happening? Low volume too. Any ideas?

Cadaver
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