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Pastimes : Can SI Members Really Manipulate Stocks? -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (4)	7/30/1998 4:59:00 PM
From: UDanWright	Read Replies (2) \| Respond to of 461

Henry, I agree to disagree.... But in reality, it is much easier for a person to believe that something is bad.....rather than good. It is human nature to expect the worse, and hope for the best....the glass is half empty...etc. I do not think that hypsters or shorters can affect the price of a "large-cap" company nearly as much as the small cap. Of course that goes unsaid, but, it doesn't take a rocket scientist to figure out that the Russell 2000 is down for the year (unless it changed today)....and manipulate small company stocks just enough for the sell programs to kick in. I am really fascinated by this whole scenario. I am learning day by day, with that said, my previous opinion was based on my personal observation. Take care Henry, and good luck in your investing. UDan Wright

To: Henry Volquardsen who wrote (4)	7/30/1998 5:20:00 PM
From: Blue On Black	Read Replies (1) \| Respond to of 461

Henry, I agree with you on this one. I think the same 'mindset' that causes people to try to catch the 'momentum' plays causes them to jump on hype plays. Same thing - one lasts hours or days...the other lasts weeks and, occasionally, months. The unlimited loss/upside that shorts are alway hit with is a factor. If a a hypester can start a stampede, 2X...3X...is possible. What is possible from the short side? 100% max. There would have to be some major question marks on a company to get over 30%, IMHO. Theoretically, I suppose that manipulation is possible. In actuality, I am not so sure to what degree that it matters. For every person saying something, another can be found saying something else - it was that way before the Web and it will be that way when the Web evolves to something different. JMHO, lee