Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : CNBC -- critique. -- Ignore unavailable to you. Want to Upgrade?

To: WTMHouston who wrote (6524)	8/25/2000 11:24:48 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 17683

The point I'm trying to make about EMLX is it didn't start here or with the so called press release. It's like not seeing the forest for the tree..go back to the GAP up from 47-9/16 close on the 3rd to a 64 11/16 open on the 4th. That's were it started.. then in 14 trading days a short squeeze ran her to 113 1/16... that's about 137% up in 14 days & nothing about that was natural market forces either. CNBC is taking every one out in left field and helping to cover up what was cooking all along by just focusing on the news release. It's very narrow , shabby, and not at all comprehensive reporting. ------------- Take a look at the volume on the 4th, then today.. and then keep in mind most of today's volume came in after it reopened and went back up ---------------- If I was a reporter I would be calling the particular market makers that have handled the high volume, both on the 4th and today and I'd be asking them some tough questions. The clones on CNBC know how to yak, but not jack about doing any real investigative reporting, If I had the time or if it was worth my while I bet I could nail down the crooks behind the whole deal, but that aside and being it don't really effect me I just want to point out how shallow and almost to the point of aiding the criminals ( if indeed it didn't ) taht CNBC has done with it's shabby reporting, dancing around and whistling in the rain. The shorts are the ones who really took it on the chin, & this looks to have been set up by market makers. Ah but the Nasdaq says they have nothing to do with taht.. Crap and more crap. Jim