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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Venkie who wrote (26653)12/21/2000 10:52:50 AM
From: im a survivor  Respond to of 65232
 
So ML is buying sndk right now....they downgrade and cause a panic sell and then buy up all the shares while it's down 30%....Do I understand this correctly??

First, let me say that I not only did not panic and sell my sndk shares, but I bought more at $29, so thank you ML. Secondly, I think those idiots at ML should be taken out back behind the woodshed. How and why the sec allows this kind of stuff to happen is beyond me. Downgrade, but then turn around and buy up shares.....unbelievable.

Anyway, sndk sure has good looking numbers....hope $29 turns out to be a good price when I look back at this years from now........