INFOSEEK (GO) 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 : INFOSEEK (GO)

GO 9.580

-1.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Craig Rogers who wrote (2152)	1/29/1998 10:39:00 AM
From: OtherChap	Read Replies (1) of 9343

I sold my entire position today at 12. For the first 15 minutes nearly every single trade was at the bid, and then it started rising 1/16 on even the smallest purchase at the ask. This thing is being manipulated like crazy. The current level is being supported only by the market makers. I'd go short, but there's always the risk it could pop up a couple points on good news. I much prefer my existing short position (held from 68) in Yahoo. With infoseek dumping an average of a million shares per month, this stock is going to go down. The market makers can't hold it up forever. I agree- manipulation is occuring.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next