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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: TCGNJ who wrote (48378)2/21/1998 6:56:00 PM
From: Craig Schilling  Respond to of 186894
 
TCGNJ

It's good to see public is getting very educated to how Wall Street makes money from us all and at the same time makes themselves look good. Lets see Kurlak tells all the brokers that he is going to get bearish on semi industry and downgrade Intel. Brokers call up all their clients and tell them to sell INTC because it has had a nice run and is running out of steam. Clients sell, pay taxes and commissions then Kurlak or whoever downgrades stock so it drops while all the lemmings run for cover. This in turn makes the clients brokers look like gods because they got their clients out before the drop. Stock takes a dump and the brokerage buys a ton of it after it drops only to get their clients back in and then upgrade it 3 months later.

Craig