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Technology Stocks : All About Sun Microsystems

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From: Arthur Tang8/2/2007 6:12:49 PM
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Analysts had to know market making to make a name; sometimes even market makers of other brokerages.

The market makers of your own brokerage will have overbought situation very quickly the minute short interest goes up. And they had to yell uncle to get other market makers not to move too high.

Analyst doing fundamental analysis often had to disappear for a while when overbought had to be churned to oversold.

So, when you talk to CEOs, find out if they support the market like IBM does. IBM borrowed $10 billion to support the specialist being the stock pool as well as cash pool. IBM went from $50/share to $150, a few years ago. Today it is back to $115ish/share. No overbought in sight, and an analysts' delight.

Jonathan may study the IBM case history and learn how to protect their own stock value? Steve Wynn of Wynn Casino, will sell Wynn stock if nice moves come, and take it private if pulled back too severely. To do that, his firm has to make obscene profits. Many CEOs know what they have to do.
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