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.
Strategies & Market Trends : Three Amigos Stock Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LTK007 who wrote (2521)4/2/1998 1:20:00 AM
From: Phil Jacobson  Read Replies (1) of 29382
 
Max,

Be careful on TALK. THREE "hot tips" about this stock came to my attention within five hours.

I think the company or their bankers have crossed the line and are attempting price manipulation here. It's especially suspicious that a specific date is attached to the rumor. TALK has been clear that they want to be bought out but they want a price in the $30s. The only way they get that is if the starting point is a lot higher than today. The only thing that surprises me is how transparent this is. It's really amateurish for them to start spreading rumors for consumption by individual investors. The "whispers" are normally done for the benefit of institutions. This time it looks like the big money people aren't buying it, otherwise why would it close down today? Usually a good buyout rumor sends a stock up at least 10-15%.

TALK's business model stinks in my opinion. But it's just my opinion and the herd COULD turn this into a great trade.

I could be completely wrong on this and I'm only trying to tell you what I think. I hope the SEC gets involved.

Phil
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext