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Strategies & Market Trends : Trading For A Living

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To: KonKilo who wrote (161)5/22/1998 10:31:00 PM
From: Big Dog  Read Replies (1) of 1729
 
Mainly rumors of buyouts or new financing. Sometimes they are true, but most of the time they are not.

Look at CREG. Company is bankrupt, but went from .01 / .03 to
.15 / 17 on Thursday on a rumor of new financing. Now, I don't know if it was true or not, but it sure ran up over 400%

BIG DOG
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