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To: tradeyourstocks who wrote (1224)10/30/2000 3:12:10 AM
From: Rene Madsen  Respond to of 1881
 
Agree with KG4, "manipulation is the name of the game" - and as usual it's the little guy who's left broke.



To: tradeyourstocks who wrote (1224)10/30/2000 8:56:59 AM
From: John Madarasz  Read Replies (1) | Respond to of 1881
 
institutions have been buying for the last few months

Not really according to this site: inst. ownership down 11.22%

marketguide.com

Short interest was up another 2 1/2 million shares too on Oct.13th, at roughly the same price the stock is now.

nasdaq.com

and FWIW the on Oct. 24 the stock price printed a double top on lower volume from Oct 12th at the 200DMA line... another near perfect "classic" shorting scenario.

stockcharts.com[L,A]DACLYYMY[DA][PB50!B200!D20,2!A5!F][VC60][IUB14!LA8,17,9!LF!LH5,5!LI5,5!LG!LC20!UO14]

I have no position here, and I'd like to start building one, but I'm going to wait. I think better prices will present themselves. I'm probably wrong though...again<gg>

Best Regards, and good trading.

John Madarasz