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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (105475)	4/14/2000 11:33:00 PM
From: Charles R	Read Replies (1) \| Respond to of 1572208

Jozef, <Ok. Explain me this one. How do you buy and at the same time keep the stock down?> The two techniques that I have seen being used that are pretty effective: 1) indicate that there is a large block for sale when there is no real intention to sell (one can see this pretty clearly on RTQ and I-watch all the time) 2) manipulate the bid/ask with limit orders to make it appear that there is downward pressure on stock. Showing a downtick a trade or two after a block is purchased, for example. These are just two things that I notice pretty consistantly on a lot of stocks - including AMD. There are pros doing this stuff for a living who have to demonstrate to their performance to their employers and these people probably have a lot of other ways of doing this. <Do you consider this an evidence of manipulation? Who exactly was gaining what my this manipulation?> When there is virtually no movement of stock on a very large volume (like the 11M shares that AMD traded yesterday morning) I can't see how it is not being manipulated. <What pattern of trading would persuade you there was no manipulation?> A trading range commiserate with volume and float would make me feel otherwise. Chuck P.S.: I am posting my observations and thoughts. If there is anyone out there who sees this differently, and thinks this is fiction, please feel free to chip in.