Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 107.99

+4.8%

Jan 16 9:30 AM EST

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To: Cardin Drake who wrote (3749)	4/15/1998 5:39:00 PM
From: Gary Wisdom	Read Replies (3) of 93625

I wanted to share a fool-proof investment strategy with all of you: 1. Find the shittiest stock you can find. 2. Buy it the day before earnings. 3. Hope that they miss earnings. 4. Sell it the day after $4 higher. I looked at the price on Rambus after they posted earnings on January 14. The same shit happened. The stock fell $4 and closed $1 off the low. Duplicate of today. Of course, back then, the stock was at $54 before earnings. The following 6 trading days, the stock fell $9 more to $41 before beginning an ascent to $51 on February 12th. Of course, they beat estimates last time too. Lesson learned here: sell your Rambus before earnings next time. You'll be able to buy it back 25% cheaper in a week. Anyone else pissed at this game playing? The stock dropped $3 in 6 minutes this morning. With 15 minutes left in the day, the stock was at $45, only to drop $1 by the close. Money flow was very positive for the day while the stock dropped over $3. Every other Nasdaq stock was up (with a few minor exceptions). This has to be the most manipulated stock on the Nasdaq. Does anyone have the phone number for the NASDR?

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