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


To: MIKenn who wrote (17741)2/20/1998 11:44:00 AM
From: Charles Skeen  Read Replies (1) | Respond to of 97611
 
>>Re: It is well known that stock prices are manipulated<<

Well, I'm with you. I don't see how a widely-held, heavily-traded stock like CPQ can be manipulated for the benefit of some relatively minor options holdings. I too am waiting for an explanation of how this works, from Dulane (is that a real name?) or whoever!

Charlie.



To: MIKenn who wrote (17741)2/20/1998 1:01:00 PM
From: Dulane U. Ponder  Respond to of 97611
 
Ed and Andreas have given good examples. For further information, go to Jim Cramer's website, thestreet.com, where he explains some of the maneuvering which takes place on a large scale before options expiration. There was a piece done several weeks ago which explains a lot of the positioning and the effect on stock price. It also sheds light on why many options expire worthless or have not been exercised at expiry. This piece can be found by looking through the archives under KO. dp



To: MIKenn who wrote (17741)2/21/1998 12:09:00 AM
From: ed  Respond to of 97611
 
Just read the interative day trading chart , you will know how easy to push down the stock price of CPQ with 100k shares.