Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Kailash who wrote (4528)	2/26/1997 11:29:00 AM
From: Kailash	of 18263

Here's an ABC on stock manipulation I found on another thread--it's a bit simplistic, and doesn't consider shorts, but it makes a good point: professionals who hype stocks are not out to make you rich. If the stock were as good as they say, they'd shut up and increase their own positions--what they need you for is what the article calls "distripution of paper". It also mentions the information vacuum after the peak, when MMs want the stock to drop, which seems to me is exactly where we are now. The fact that we're not getting a runup before the stockholders' meeting also seems bearish to me. Kailash

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