Intel Corporation (INTC) Message Board

STOCKTALK

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.

Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tenchusatsu who wrote (110484)	9/21/2000 7:51:02 AM
From: GVTucker	Read Replies (1) of 186894

A couple of thoughts on the kiddie stock manipulator. I realize he broke the laws as they are written, but I don't see that he did anything extremely wrong when compared with a lot of professionals I see trading very close to the grey line of illegal vs legal. Jeff Vinik's trading when he started his hedge fund comes to mind. Vinik would accumulate enough of a stock to necessitate filing a 13D. When that filing was announced and the stock popped, he would sell this stock. In both the case of the kid and Vinik, some very stupid people lost money. In only one case was the law broken. Manipulation of small cap stocks goes on all the time, and almost always from the long side. The main reason I rail against the people on SI who cry 'fraud' is that they complain about the least likely scenario of manipulation--a large cap stock from the short side. That kind of manipulation is very very rare.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next