Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Robert Graham who wrote (2837)	7/24/1997 4:11:00 AM
From: The Perfect Hedge	of 42787

Bob-- One thing that's kinda weird is that ckr had an offering of an additional 8 million shares July 13.The stock traded 1million the first day and gradually volume declined for the following days.I don't know where the rest of those shares are.Could it be that the underwriters are holding them to boost the stock up if it sags like it did a couple of days ago?Perhaps they are distributing them at higher prices.Maybe the underwriters bought 8 million shares and they are selling them as they like.The stock was down two days ago on light volume and volume today was heavy.Am I dreaming here?GD

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