Concurrent Computer (CCUR) Message Board

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Technology Stocks : Concurrent Computer (CCUR)

CCUR 2,500

0.0%

Nov 14 9:30 AM EST

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To: DEER HUNTER who wrote (6687)	1/27/1999 5:39:00 PM
From: Christiaan McDonald	Read Replies (2) of 21142

Maybe its the traders who are the fools here. Some of you market gurus tell me why this could not have happened because I have said I'm not a follower of the short term movements. But just suppose: 1) There was never a big buyer at all last week but simply the mm's making it appear there was one. They do all the right moves that will get the traders excited. 2) The traders all buy into the stock at 4.5. The stock they are buying is stock the mm's are selling short. 3) Then this week the mm's take the stock back down to 3 7/8 and put a scare into the traders. They sell, the mm's cover their shorts and we are back to where we started. The mm's are 1/2 point richer. The traders are 1/2 point poorer. As most of you know, I am a naturally suspicious type so this may all be total nonsense. It just doesn't make sense to me for 1/2 mil shares to trade on a day like this, just 3 days after the stock was up. Ken

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