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To: The Ox who wrote (9683)1/18/2005 5:50:47 PM
From: Sam Citron  Read Replies (1) | Respond to of 13403
 
OT we may be seeing the market makers putting pressure on the 'newbies' who recently got in the stock. Maybe they are trying to shake them out to replenish their coffers after selling the stock at much higher prices?

You know, everytime I read something like this, where the movement of a somewhat illiquid market is attributed to the schemes of market makers, I usually smirk and think, nah, these markets are just volatile, it ain't manipulation. But who knows? Regardless of whether there is manipulation or not, a large proportion of traders will simply not tolerate such extremes in volatility (30% in 2 weeks) and will stop their losses, usually at inopportune moments. That is where we should look to get in.

Sam