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Technology Stocks : Ultratech Stepper -- Ignore unavailable to you. Want to Upgrade?


To: Gary D who wrote (2687)8/25/1998 8:49:00 PM
From: MrGreenJeans  Read Replies (3) | Respond to of 3696
 
Gary-"Brinker Effect"

<<"If the Brinker effect is real--it has to be--then when he issues a 'sell,' the stock price may slick down exceedingly fast.">>

If the Brinker effect is real:

1. How come the stock has dropped and stabilized since his initial recommendation? If the "effect" works when he issues a sell how come it seems to have had no effect when he issues a buy??

2. Or does the "effect" only work in one direction??? (Please do not argue it would have gone down even further if he had not recommended buying it-lame argument from my perspective.)

Hey, the fact is many people own Utek because of his recommendation. The fact also is, I suspect, that it is only a small portion of the investing population. I have absolutely no support for this assertion but I surmise that institutional investors and mutual funds buy and sell more Utek in one transaction than all small investors hold combined.