SI
SI
discoversearch

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 : Ampex Corp: Digital Storage
AMPX 10.10-9.0%11:57 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: who wrote ()10/17/1996 11:04:00 AM
From: Michael Brian   of 3256
 
There appears to be another factor that apparently has been holding the price of the stock perhaps artificially. I,ve been told that there is athread now going on AOL Motley Stock Board in which someone alleges that yesterday's "mistake" showing a low of 5 15/16 for most of the day and then later corrected may have been a lure to stampede investors into selling. Further, they are talking about a lot of calls that expire tomorrow with rights to buy at 7 1/2 and it is implied that the people that issued those rights may be selling at the end of each day just enough to keep the price below 7 1/2. Can this still be done this day and age?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext