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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: mattie who wrote (21710)6/24/1999 6:42:00 PM
From: xcr600  Read Replies (1) | Respond to of 69822
 
Anyone have any comments on CS?? I think it is being walked down to shake out shares, and get the big boys in cheap.

thomsoninvest.net (Need to type in CS)

Lots more institutional buys than sells. Same pattern yesterday as well.

Here's an intersting post as well.

iionline.com

The guy was dead on with the numbers. Whether he is legit or not, god only knows. Would also think the SEC would frown on something like this.

x



To: mattie who wrote (21710)6/24/1999 11:00:00 PM
From: Clint E.  Read Replies (2) | Respond to of 69822
 
Good luck with your small cap, Mattie. With these small-caps, I wonder if a "group" of 30-50 investors each buying 1000 shares can stage a move in the stock and then pull out one by one for some profit.

Years ago I was stupid enough to actually come close to buying 10k shares of a $4 stock in 1k/2k steps with the idea of unloading it once it moves higher by 1/2 point. I never did. Looked too risky. The stock was a local nursery. I was too much into gardening back then and I guess I spent too many hours under the Sun!!!