SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INFOSEEK (GO) -- Ignore unavailable to you. Want to Upgrade?


To: Pullin-GS who wrote (2163)1/29/1998 2:00:00 PM
From: OtherChap  Read Replies (2) | Respond to of 9343
 
>Just went short

I hate to admit it, but I went short at 12 3/8
myself. Those 3 million shares are going to
seriously deflate this stock over the next quarter,
both earnings-wise and price wise.

The movement this morning was terribly wrong- there was
no reason for it to go up- it kept going up and up
as trades went through mainly at the bid. I've been
watching this stock for months and i've never seen
anything like it. There must be MM manipulation to
keep the price afloat while seek unloads those shares.

I'll ride it down to 11 1/2 and then get out.