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Non-Tech : Barnes & Noble (BKS)
BKS 6.4900.0%Aug 19 5:00 PM EST

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To: Daskin who wrote (1138)5/12/1999 6:50:00 PM
From: American Spirit  Read Replies (2) of 1691
 
I'm convinced now Goldman Sachs ARE controlling tightly and manipulating down BKS as it relates to BNBN. They want THEIR favorite fat cat customers (and themselves) to own the lion's share BEFORE the stock starts escalating. HOWEVER they do not want to keep BKS down for long. Why would they? And in fact they cannot keep selling low forever. Just long enough to keep traders from getting in and out every day. They want to kill the frenzy, then get the stock going upwards when they decide to. When will that be? Up to them. They're big enough to control a stock like BKS and BNBN. But if they create an artificial situation where BKS is very undervalued prior to, during and after the IPO then when they let go and promote buying, it will get to our target price either way. It's a master fake-out. But either way the stock goes up soon and I'm holding.
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