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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Richard Habib who wrote (31659)10/6/1999 2:13:00 AM
From: Don Green  Read Replies (1) | Respond to of 93625
 
Richard

IMHO it all about the market makers and their games. I have never seen a stock move so far and fast on so little volume and have it happen so often. They really play with the traders here, as I have often said it is like the ultimate Chess Game. I know many SOES traders who would love the action of this stock but the spread is so wide at times that it is crazy.

So many times this stock has rocketed on favorable news then done nothing on similar news a few weeks later and you could see similar moves on negative side. It really is beyond Technical Analysis imo.

That is only reason I have never shorted it. I know from my own
expereince in shorting stocks I get nervious around tech conference time, and many shorts are prone to cover a stock much quicker than a long is prone to sell it.

If Rambus can hold up when the Sox index is slipping then something might be happening. But I don't it can.

Don