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Technology Stocks : Gemstar Intl (GMST)

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To: RocketMan who wrote (2358)3/16/2000 5:02:00 PM
From: Exacctnt  Read Replies (1) of 6516
 
RocketMan, Glad to see that I'm not the only one who feels the MM's manipulate trading in this stock. I watched the ticker all week, having bought March 85's and 90's options for a short term play, and watched them walk the price down on the stock frequently with the bid and ask at times making little sense.

Don't know the significance of resistance at 84 1/16, but it took a number of runs at that price before it broke out above it late in the day.

Regards
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