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Technology Stocks : Orckit (ORCT)
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To: John F. Dowd who wrote (1032)4/2/1998 10:08:00 AM
From: IngotWeTrust  Read Replies (2) of 1998
 
Fail 2C how railing against "i/trading" esp on a foreign listed stk overwhelms fundies, J. This is a thin stock. When moves are exaggerated on the downside, can we count on you to bellyache about insiders who :
1)ALWAYS know more
2)always WILL know more
3)always react quicker than those that are NOT privy to their info
4)unless the 2 principals and the supportive institutions, INCLUDING DT start dumping, you can assume the Specialists are the ones lining their pockets and not the steady as she goes principals + institutions.

What some of more experienced players observed by reading the tape ystdy was just Specialists "shaking dah tree" to get ahold of stock, NOT DUMPING by those "in the know."

You'll get the hang of it eventually if you stick around long 'nuff.

I'll grant you this: it is a tad tougher in such a thin float...but MAN-O-MAN, when the news is good and the stock soars, I anticipate your crowing from the rooftops!!!!!(grin)

O/49r
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