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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries -- Ignore unavailable to you. Want to Upgrade?


To: dave turliku who wrote (2372)10/4/1999 11:30:00 PM
From: Sulayman  Read Replies (1) | Respond to of 3243
 
I am using stockwatch and that is showing that todays move was based on substantial volume. The moves below 2.9 were on low volume, but that indicates to me that demand was nonexistent such that price had to keep dropping to allow for those sales. Comments ?
It seems to me that someone knows something that we don't ...yet. Maybe the launch....and they are accumulating. Really though, I don't know.



To: dave turliku who wrote (2372)10/5/1999 9:35:00 AM
From: CocoBob  Read Replies (2) | Respond to of 3243
 
Hi Dave.Glad to see you`re still long. As for manipulation - I`ve seen it happen to many stocks even above $10 priced ones. The MMs decide to want in on a slow day so they put low volume bids (100) and asks which knocks the price down and then when it bottoms they buy back in bigger volume (which creates upswing based on new serious buy demand) and make greater profits upon selling. This game will happen even when listed on TSE and Nasdaq. The motive however is that they suspect the stock will climb again soon on news.