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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: 24karat who wrote (2480)6/13/1998 9:23:00 AM
From: the Chief  Read Replies (1) | Respond to of 8117
 
Hi D Palm. It is all part of the "master conspiracy theory". If the stock isn't low enough yet, then obviously it is being supported by the "machine"! The theory extends to "dummies holding a stock in a downtrend"! This is the mindset of a daytrader and shortterm stock holder, they by the way would never of held Intel or Microsoft.

In the process of trying to depress the stock they try to intimidate those that wish to hold the stock longterm. If they succeed, they then depress the stock further, either making money on their "shorts" or depressing it to a price they would like to buy it at. If they succeed they then apply the "I told you so" theory. Which is equally destructive!! If they fail, they fade from the thread and are never seen again until the stock takes another downtrend!

the Chief



To: 24karat who wrote (2480)6/14/1998 5:10:00 PM
From: Mac  Respond to of 8117
 
D. Palm , at this point I don't think anyone is pumping this stock.
That's why I'm waiting to go long. From the trades I cannot see one institutional or big block buyer attacking it and not one has since they pumped it up over the $6 level. The only exception might be when
the pump it up a bit when it gets oversold so they can create a little
excitment to bring in some new buyers, then sell it off again to get a better return. When the big orders are signed the smart money will come in. Watch the insider trading on Canada Stockwatch.