Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Advanced Lighting Technologies ADLT...time to rebound? -- Ignore unavailable to you. Want to Upgrade?

To: mansan who wrote (24)	9/30/1998 10:35:00 PM
From: Rodney Glover	Respond to of 96

Slowing economy, .02 estimate cut, not being able to maintain a 40 % growth rate...just doesn't add up -10 ++ loss this week. Hundred of companies are experiencing those types of problems and not dropping 1/4. ADLT is obviously a BUY under $12 to me. I believe the MM has a little to do with the downfall on this one. Unfortunately, it is a NASDAQ stock, and MM don't need an actual seller to move the bid down and scare people...many people don't realize that a stop will trigger in the NASDAQ (NYSE needs an actual seller) system if a MM just sets his bid at the stop order, EVEN IF THERE IS NO ACTUAL SELLER, THIS "CREATES" AN ACTUAL SELL. I think there was a little internal manipulation on this one. Just hope the MM decides to move the stock back up.