SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bert Herman who wrote (105444)4/14/2000 2:25:00 PM
From: chic_hearne  Read Replies (2) of 1571935
 
Re: I can't see how you can manipulate a stock for 6 or 7 days which has an underlaying uptrend this strong

Bert,
This is the exact question I posed to the people claiming this would happen. I've always heard of this theory, but it doesn't make sense to me.

Say we only do 3,000,000 shares at average of $70, that's $210,000,000 per day the next 6 days. Even if someone had the money to drive the price down, would it be worth it? Wouldn't you waste more money shorting the stock to drive it down than just taking your lumps in the options?

chic
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext