Creative Labs (CREAF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Creative Labs (CREAF)

CREAF 0.448

0.0%

Dec 18 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis G. who wrote (4872)	10/23/1997 10:21:00 PM
From: Derrick Lim Kok Fang	Read Replies (1) of 13925

Creaf 50 is still <US$25 in Singapore. I pick up more shares on seeing a sudden quick depression of its price. The sellers were quick in suppressing the price by up to two sing dollars yesterday after open with consecutive 2000 shares sold below the quoted bid price. Obviously the price here was under manipulative buying, it rebounds immediately afterwards and I was only lucky in securing a small positions. Fundamentals aside, there are lots of manipulative interest of this stocks here. With the current Asean woes, it seems like a good excuses to depress the price here and induce panic selling in order to pick up latter at a cheaper price. Now, it is up to $39.80. It was done despite a lower ask price. Should be up today. Hopefully.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next