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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: SteveDavis who wrote (5716)8/17/2000 12:13:25 PM
From: sommovigo  Respond to of 19428
 
Steve,

I have always felt that if a stock deserves to go up it will and if it deserves to go down it will. Any attempt by anyone to impede this process will only result in pain at the end of the day.

I appreciate your insight and your opinion, but it doesn't remove the mechanism that seems to have been at play. Your investment philosophy notwithstanding, it would SEEM as if the method of conspiratorial short-selling has been used fruitfully by those belonging to "posses" such as Auric's and Elgindy's.

If the article in Wired magazine's April 2000 issue is any indication, then it would seem that Elgindy's hubris possibly outed him as a possible price manipulator, because he and his lemmings seem to have contemporaneously shorted an issue at substantially the same time at substantially the same price.