Costco, slow but sure? Message Board

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Non-Tech : Costco, slow but sure?

COST 913.59

-0.1%

9:41 AM EST

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To: Paul K who wrote (663)	8/18/1998 11:46:00 PM
From: WalleyB	Read Replies (1) of 1147

Is the slightly above average volume that COST traded today the factor that makes you feel that manipulation is afoot? Manipulation by whom?.. Market makers or day traders? If day traders the price should have crashed by end of trading. If by market makers the price may crash in the morning. What did the blocks traded look like today? Strange that the stock rebounds off a down day like that. The chart is showing signs of recovery and I am not so sure that 55 is going to be seen again. However there may be an intraday price near that. Profit taking tomorrow would help that to happen. The upward trend appears to be pushing our stock back to the 60's where it belongs, lets hope so! Unless of course if Bill steps down and Al steps in - then all bets are off! It's the Devil or the deep blue sea <g>

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