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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: amadeus who wrote (49219)12/21/1999 7:08:00 PM
From: EtTuBrute  Read Replies (3) | Respond to of 108040
 
Thanks for your thoughts...much appreciated. I still dont see how a stock with a float of only 3.2 trades over 16 million on just hype??? Makes no sense to me.



To: amadeus who wrote (49219)12/21/1999 7:45:00 PM
From: KevinMark  Read Replies (3) | Respond to of 108040
 
Jim and LA. GEEK's explosive rise near the bell, was a product of 3 key words, stated by the Master P (Kernan) on CNBC. Everyone knows at least one of them, "Rumour". The other 2 that really made GEEK run was, GEEK is "Our Favorite". When Master P mentioned that, it really took off. IMO...I don't think the MM's will just run this into the ground like many think, so hang in their Jim. Does CORL ring a bell? I shorted @ 43 after it's tremendous run. The company then told the Nasdaq they couldn't justify levels in the 30's and to top it off, the CEO sold a bunch of shares 4 months prior. The stock should have plummeted well below the 30's. Did it? I think not. At least, not on that day. It sank to 32, then the MM's ran that baby back up to 39.