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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (1520)5/15/1998 10:50:00 AM
From: Magnatizer  Read Replies (1) of 13094
 
Jim

My second impression is a Machavellian scheme by the
investment bankers that puts doubt in RECY's mind about a
possible stock recommendation with the intent of having RECY
change their mind about the financing deal... This would cause
the stock price to drop... The investment bankers then get their
clients in RECY at sub 7.00 prices... Then, they privately inform
RECY that a recommendation of RECY stock is forthcoming...
RECY then re-initiates the finance agreement... The result... The
stock price jumps... "You Scratch My Back, I'll Scratch Your Back"
in action...


I think this is a good observation of how the big money plays together. This is one of the reasons why small investors need places like silicon investor to join forces and "stick it to the man" Kind of feel like Robin Hood somedays. LOL

ht
david

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