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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.82+2.7%Nov 26 3:59 PM EST

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To: mr.mark who wrote (4253)5/20/1998 9:28:00 PM
From: Gary Wisdom  Read Replies (1) of 93625
 
mr. mark, I both agree with you and disagree with you. <ggg>

1. Yes, it is a fact that market makers are hosing the little guy on this stock. Ever notice that 90% of the day, the stock trades flat, but there are 1 or 2 upward or downward spikes at the beginning or end of the day, on very little volume, that moves the stock a minimum of $1. That is manipulation.

2. If there were buyers, the market makers couldn't do this. But they have sapped any interest out of this stock as it has traded basically in a $4 range all year. Not much of a trading stock, nor one that anyone has any "urgency" to buy.

So, I disagree with you about the market makers, but agree with you that if there were buyers, this shit would never happen.

Ok?
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