Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (3241)	6/12/1998 3:50:00 PM
From: peter michaelson	Read Replies (1) \| Respond to of 4969

Steve: This is going to sound like a specific stock question, but it's not. What forces could be/are at work on these incredible weird moving stocks such as KTEL. KTEL - FOR EXAMPLE - had been steadily drifting downwards since its famous run-up to $30 plus. It reached $8 and change on Wednesday, then KABOOM. It's now at $16. No news except that Amazon will sell music, but other industry players did not move on this news. STrong insider selling, et cetera. In general, what are the possible forces that could cause such movement on such types of stocks? Thanks in advance. Peter P.S. Would love to see a Yamner live chat on these sudden movers such as MARG, CFON, ENTD, CCSI and others.