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Technology Stocks : Full Disclosure Trading

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To: Return to Sender who wrote (1151)	7/12/2002 11:54:14 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 13403

OT. SLAB RtS, it seems to me whoever is running this stock is trying to do a short squeeze. There is hardly any stock offered for sale even though it is near the day's high, and near a strong resistance point. It's like they want to break out through it. My guess is that this is a manipulated stock. But I have no idea how much money the runner is willing to put into it to drive the price up. Certainly it seems they are in no hurry to take profits at 27. I think today will depend on whether the funds have to sell for redemptions late in the day. It sure doesn't look like it though. And yesterday they were buying like crazy late in the day. It seems a stop loss limit is in order here. Just my opinion, of course. Good luck. Sarmad edit. It looks like the breakout is failing. Congrats.

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