Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.470

+4.9%

Jan 12 9:43 AM EST

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To: BZOOKA who wrote (4313)	10/20/1997 11:36:00 AM
From: Jon Tara	of 13925

Well, there goes the stop. This is one reason to AVOID stocks that outfits like AVID have short-term recommendations out on. (Better to wait till their traders are disgusted...) That 22 1/2 stop had flashing lights on it to make sure that the market-makers noticed it. :) Hmmm, upon review, maybe not MMs gunning for a stop. 500K printed at 22, well below the market. Then a flurry of trading taking it down to 22. Now, I just saw a trade of 600 shares at 22 3/8, above the market. Quotes are wierd today. I suppose this will add to the paranoia. In any case, looks to me like it will break 22 on the downside. Theres a "flat" at 22 right now intraday, and since it's on the downside, that's not good news.

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