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Technology Stocks : Smart Modular Technologies (SMOD)
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To: Adelantado who wrote (127)10/11/1997 12:24:00 AM
From: BenYeung   of 134
 
Hey you pinheads in the SMOD thread. Wonder what happened today???
Let me give you a simple answer--Market Maker price manipulation. I suspect that the market maker of SMOD is the same market maker of JBIL which was down today also. Or else, the two market makers are good buddies and decised to do the same on their respective stocks

Check out my posts in the JBIL post, which gives detailed explanation of this manipulation stuff. Their were NO sell program or what the heck ever. Look at the intraday chart, between the midday sharp decline line, only a few shares were traded. But heavy volume occurred in the bottom. Which means it was not selling that caused the decline, but the decline that caused the selling and triggered the stops.

Just to let you know. I wont post in SMOD anymore because I dont own any shares. Come to JBIL, if you want to chat or know about that MM/specialist stuff.
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