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Technology Stocks : Avant (AVNT) -- Ignore unavailable to you. Want to Upgrade?


To: PMylnar who wrote (1896)1/1/1998 5:24:00 AM
From: Pancho Villa  Read Replies (1) | Respond to of 3441
 
PMylnar:>>AVNT. Off-subject. UTR stock price manipulation!! If you want to see some real stock price manipulation, check out what happened to UTR-Unitrode in the last 30 seconds of trading today!!! Stock trades 18 1/2X19 for 3 hours. Someone prints a 82,200 share block up at 21.5 after the close and all the big shareholders get that mark for thier year-end performance (Fidelity, Nicholas Applegate, Pilgram Baxter). Someone should alert a floor governor to this one. I've never seen anything so blatant as this.IMOO.<<

Better to get used to these type of games. I have seen it worst (e.g., the same last trade trick with a conviniently placed last order of only 200 shares at prices of almost $1 higher than the previous trades. IMO this happens frequently in stocks that are being pumped up)

Pancho

PS: Happy new year to every one! Conservative prediction this puppy should at least see the 1997 low in 1998, so hold down to your short. IMO the single biggest mistake people shorting make is covering too fast.