Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (7571)	8/26/1998 5:15:00 PM
From: Boob	Read Replies (3) of 25711

ICEP was amazing...I saw the news and the stock was 1.00 x 2.00....I put in a buy at 1.75 but then saw the bid tick up and up on no trades....chased the stock a bit...then it started to go crazy..the stock was all over the board, a 1000 buy sent the thing screaming...the thing was ticking up and down a buck or two at a time on no volume...I've never seen anything like it....someone was accumulating this thing...it was 0.10 just two weeks ago and today it's up several hundred percent on only a few thousand volume...most volatile stock i've ever seen (thus the 16:1 forward split) but the trend was all up. Someone best described it as a "reverse shake" as in they wanted sells but instead of shaking it down to get shares, they shook it up hoping some would sell. This is an enjoyable stock to watch, it will make you truly laugh your ass off the way the MM's maneuver it around the board LDDI was a good bottom feed today...picked up some shares at .34 Boob

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