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Technology Stocks : CGRM Centigram

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To: David R who wrote (309)6/1/1999 5:42:00 PM
From: Bargain Hunter   of 333
 
What makes you think that CGRM is ripe to be manipulated. Wouldn't there need to be some compelling reason for investors to buy before manipulation would be of any real value?

You are correct that investors need compelling reasons to buy. But those reasons need not be based on truth. Some of these day trader groups are pretty shameless about planting false rumors. Saw it happen in WPNE recently. The hard part is recognizing when it happens and taking some profits, instead of assuming there is some good news coming and holding through both the up and subsequent down moves.
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