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Technology Stocks : RadiSys Corp -- Ignore unavailable to you. Want to Upgrade?


To: Burt who wrote (1053)12/12/1997 12:39:00 PM
From: Burt  Read Replies (1) | Respond to of 1472
 
While you guys stand silently by, the stock has shed another point to 36 1/2. By the way, do you think this chat line goes unnoticed by short sellers? Do you doubt that if we decided to make some noise as a team some shorts wouldn't bail out? We longs are our own worst enemy!



To: Burt who wrote (1053)12/12/1997 3:15:00 PM
From: Ken Crooks  Read Replies (2) | Respond to of 1472
 
I'm willing to join an expression of concern, but -
I still don't know enough to be making charges or demands on the SEC. No offense please, Burt or tnsplyr, but it would be nice to hear from someone with comprehensive knowledge of the market trading system who can contribute the kind of factual evidence that the SEC would listen to. I don't wish to be someone who crys "foul" just because I'm unhappy with the performance of an investment.

Clearly RSYS behaves differently than any of the other stocks I've bought or followed. But (again) my experience is limited to a few dozen stocks and barely more than a year in the market. I still wonder why the people inside the company who own 40% of the stock are not screaming bloody murder.

Hope others will contribute to this discussion. Regards.



To: Burt who wrote (1053)12/12/1997 3:31:00 PM
From: Tnsplyr  Respond to of 1472
 
I believe I know two other long investors in RSYS's back yard that are terribly frustrated with the manipulation of this stock, and would join in an effort to straighten out the market maker playing games with RSYS. Am I right on that, Guys?



To: Burt who wrote (1053)12/12/1997 6:06:00 PM
From: Tnsplyr  Read Replies (1) | Respond to of 1472
 
Hi, Burt--I have posted to this thread from time to time through a friend using the name Tnsplyr. Getting right to the point--I have never seen a more blatant example of market maker manipulation of any stock I have traded in the last 20 years. I believe there are at least two corrupt makers working here. They wait until buying interest drops off intraday or they wait until the end of the day to sell the stock back down with small shorts. Shorting stock, that by the way, I couldn't do when I wanted to short against the box, because no stock was available to loan. I have contacted a patient of mine that is part of a large law firm here in Portland, Oregon. We are looking at the possibility of a class action suit, as his firm also believes this looks like manipulation and therefore corruption on the part of the market makers resulting in possible or real material loss born by the public trading this stock. He told me this. Make as many complaints as possible to both the SEC and to Nasdaq. The SEC is sensitive to the "number" of complaints--not necessarily the strength of one complaint. When you see what looks like manipulation, take down the time and if possible the number of shares traded. The SEC can track exactly which market maker made that trade at a specific time. Ultimately there will be a "trading analyzer" that will do this for the SEC. There are other considerations he made me aware of that I won't go into at this time. However the main point is that we can make a difference if we act individually and as a group. I will be happy to sign your letter to the SEC/Nasdaq and I employ the rest of you to send your own letters with your complaints about the manipulation of RSYS if you want to see this stock trading without blatant corruption and at a level it deserves based on its strong underlying fundamentals.

William Shaw