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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (2571)10/26/2000 5:19:03 PM
From: Oleg Sogolov  Read Replies (1) of 19633
 
Tom, I am with you on PDII. This stock is unbelievably manipulated, where MMs are using illiquid stock to move the price of this stock up and down considerably on very thin volume.

Also, CRWN is unlocking quite a bit of shares on Oct. 30. The earnings came out today and it's not good. They managed to lose about $36.5M in cash this quarter on increased expenses and costs associated to produce more revenues. They have about $61.8M left on balance sheets, so unless they get additional cash infusion such as secondary, they may not stay in business for long.
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