LL Knickerbocker(KNIC)/Pure Energy Corp Message Board

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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

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To: Eric J. Beyer who wrote (780)	1/16/1998 4:23:00 PM
From: Eric J. Beyer	Read Replies (2) of 1028

To All Following KNIC... KNIC unchanged and DOWN intraday on GOOD news and a strong general market. I'd recommend shorting it down to 5 1/2 or so, then buying again. Long term I still have faith in this company. Short-medium term I'd day trade the hell out of it. The stock price action behaves like a GOOBER, regardless of most news. It seems to be a pawn in a game of Chess with the market makers. I tested the waters today and made some $$$. When I sold short 2000 shares today, the price immediately popped way up after being dormant for 30 minutes or so with no trading. It seemed to me that the MMs were trying to scare me into covering my short. Of course this could all be my imagination, but the price settled back down again and resumed it's downtrend. In any case, I thought I'd let you guys know of my findings. I get the feeling that this stock is super-manipulated. Of course after reading this the MMs will know what I think. Ahhh well... Please share your thoughts and post or e-mail me @ caligula@teleweb.net Eric

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