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Technology Stocks : Korea Thrunet Co Ltd - (KOREA) -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (276)1/27/2000 9:31:00 AM
From: Yamakita  Respond to of 406
 
Can you say some more about how the Lehman manipulation works? How is it possibly legal to be pounding the table with a $130 target price while dumping/shorting at the same time? The more detailed you can be, the better! Thanks, Yamakita



To: Frederick Langford who wrote (276)1/27/2000 10:07:00 AM
From: R. Bond  Read Replies (1) | Respond to of 406
 
Mr. Langford,

This stock is about to hit the 200-day MA, a line on every screen of every trader, I should think. Breaking below MAY set off a new wave of selling. If so, MMs will either buy or let it fall some more. There are those who won't touch a stock trading below it 200-day MA. I should think many institutions won't.

There is strong downward momentum here. I won't touch it.

But what do I know?

Good luck,
Bond


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