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Gold/Mining/Energy : Ultra Petroleum (UPL) -- Ignore unavailable to you. Want to Upgrade?


To: dgz who wrote (4508)11/17/1999 10:36:00 AM
From: Hickory  Respond to of 4851
 
DGZ,

You expressed what I have been feeling for the last 2-3 weeks. Only you said it better than I could have.

Or could UP just be playing ball with the market maker, delaying news until the MM has built up as large a position as he/she wants before coming out with any favorable news? Could also be trying to keep the stock price low, hoping that as many as possible will get tired of waiting and sell out. That way, when (if) there is good news those sellers wouldn't be holding back the price of the stock.

Guess we have no way of knowing and are just at the mercy of the stock manipulators. Wait and see.

Regards,

Hickory