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Technology Stocks : Micron Only Forum

MU 258.02

+4.5%

9:57 AM EST

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To: TREND1 who wrote (26424)	1/13/1998 12:21:00 PM
From: John Graybill	Read Replies (1) of 53903

Yep, the price went straight up, almost gapping up at times, until there was a giant volume spike right at the high today which formed a nice price peak as well (I am assuming it will be the high of the day for that reason). That says to me that they were going after somebody's giant short position and didn't give up until he cried uncle and had to cover. Don't forget that Abby Cohen, who specifically recommended MU on Wall Street Week this past Friday, works for Goldman Sachs, and recall the shenanigans apparent in their upgrade just before option expiration last time.

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