SI
SI
discoversearch

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 : FDC : First Data Corp
FDC 31.690.0%Aug 5 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Uncle Mikey who wrote (122)11/3/1997 7:23:00 PM
From: BenYeung  Read Replies (1) of 323
 
FDC is a favorite stock of Richard Ney, an investment advisor and editor of his newsletter. I bought a little for myself on Friday @ 28 1/4.

This stock is greatly manipulated by the Stock Exchange (see my earlier posts in JBIL for details). The ideas might be foreign to you, but are true of how the exchange works.

Between last Tuesday and Friday, there were 3 big block trades @ 28-30. They were purchase orders by three different houses after the downgrade (I am sure that they were buy orders because why would those firms sell for a loss after they downgraded the stock).

I am confident that FDC is on its way to a rally so hold on to your shares.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext