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


To: $Mogul who wrote (62519)1/13/2000 5:45:00 PM
From: jcole05  Read Replies (2) | Respond to of 108040
 
Same thing happening with ONDS AH as with CLIC...down to 90-91 from a close near 98. Hope tomorrow reverses this trend.



To: $Mogul who wrote (62519)1/13/2000 5:46:00 PM
From: Mr. Big  Respond to of 108040
 
Threw a bone at CLIC at $48 1/2 to see if they bite.



To: $Mogul who wrote (62519)1/13/2000 5:46:00 PM
From: EtTuBrute  Read Replies (1) | Respond to of 108040
 
CLIC: Exactly. CLIC has a ton of shorts in it, which will fuel our rocket. They are scared. I just listened to the conf call. Everything was a record and everything beat all analysts' expectations. On top of this, they have signed a "very significant deal" with a Fortune 50 company. Them shorts are scared!!!!



To: $Mogul who wrote (62519)1/13/2000 5:46:00 PM
From: bkcraun  Respond to of 108040
 
Well I just took a chunk from that jerk selling CLIC at 49 1/16.



To: $Mogul who wrote (62519)1/13/2000 6:19:00 PM
From: JoF  Read Replies (2) | Respond to of 108040
 
Mogul, could you explain to me how the shorts are affecting AH trading on any stock, not just CLIC?
I have shorted stocks and have always wondered how shorts affect the tape besides making it go up when they buy to cover. I would appreciate yours and anyone's take on this.
Discussed it in depth with several friends the other day and we could not figure out how borrowing shares from your brokerage, who is "borrowing them from someone else" causes the stocks price to drop. How can this be since the borrowed shares are not on the open market and are owned by somebody else. Those borrowed shares don't show up as a sell on the tape but shows up as a buy when shorts are covered. That is why the stock price will surge up when the shorts cover.
TIA ;)

Jo



To: $Mogul who wrote (62519)1/13/2000 6:27:00 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 108040
 
You know I am normally skeptical of manipulation, but this is so obvious.

The same seller keeps changing his selling price, following the ask down.

No real volume is occuring except weak hands who continue to push the price down in a very illiquid market.