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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?


To: Mongo2116 who wrote (4049)6/28/1998 10:30:00 PM
From: Jetter  Read Replies (2) | Respond to of 11684
 
Gene,
I mentioned to someone in a private email that if you wanted to dump a bunch of shares, the last thing you would do here would be to pre-announce your intentions...

NOW, if I was interested in driving the price down, either to pick up cheap shares or to cover a position, then I would most definately leak some type of selling news...Seems to me that it worked, drove the price down, followed by quick buying support and an increase back up in price.

If someone indeed rode this down from $1.75 to $.40 with several million shares, surely they could wait for the engineering reports.

Things that make you go hmmmmm...

Scott