SI
SI
discoversearch

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.
Technology Stocks : Zapata (ZAP) -- Ignore unavailable to you. Want to Upgrade?


To: DanZ who wrote (220)7/17/1998 1:01:00 AM
From: Ken M  Read Replies (2) | Respond to of 1206
 
>> I will say this: ZAP is without a question the strangest acting
stock that I have ever traded. Late today, I saw over 900,000 shares
on the bid disappear with almost no trades. Earlier, I saw the bid
size grow from 100,000 to 200,000 to 400,000 only to see it disappear
in a flash with very few trades going through. When I first saw the
bid size growing and the stock moving up, I thought a fund was
trying to buy a lot of stock. But then I got confused when I saw the
bid size disappear without warning and the stock tank 1/2 point in a
matter of minutes. Then the big bid size returned and the stock moved
up again. Very strange indeed.<<

IMO

I saw this stock action as I mentioned in my previous post and have seen it before the stock is being manipulated, this does not bode well for the upside future, they will not have the guts to continue this in the future.

Good luck and good trading