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Technology Stocks : America On-Line: will it survive ...?

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To: Bald Man from Mars who wrote (8423)3/3/1998 7:15:00 PM
From: peacelover  Read Replies (1) of 13594
 
Mr. Baldman,

How are you today? Don't be pissed off, just be patient my friend. The reason it quickly recovers even after the news of Mr. Case filing to sell 500,000 shares is known, is a lot of shorts might have jumped in and as you know the biggies are waiting for them with their big guns mowing them down by buying AOL and hitting the 3 to 5 stops of these poor shorts. It will come down again and go up again with a few shorts being burnt every time this happens. How can one explain a stock such as AOL going up after such insider selling news. If this happened to ASND, you will see an instant 6 or 8 pt drop, IMO. This is a rigged stock, plain and simple. Shorts, I hope you learn and leave this sucker alone to do its own damage by itself.

peacelover
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