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Non-Tech : Radica Games (RADA)

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To: j rector who wrote (2811)2/23/1998 4:38:00 PM
From: Alexander  Read Replies (1) of 7111
 
I think that FAHN chose to take this gamble. Wise or not it was a very risky call. They are desperately trying to manipulate the stock in order to hold the price down. This is their last attempt to protect themselves in the short position. However, I think that they started way too early in the week as they will not be able to hold the price for more than 2 trading days.

The other alternative is that they are testing the waters. Bringing down the price today would have given them the "green" light. However, I think they will reverse their position very very soon as they begin to tread on extremely dangerous ground.

Volume and price have nowhere to go but up.
Let's see how long FAHN can keep up!

Alexander
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