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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Moonray who wrote (17679)11/13/1998 1:38:00 PM
From: Scrapps  Read Replies (1) | Respond to of 22053
 
Spent some time over on the Avtel thread, talk about losers and winners. Somebody called it a soap opera...I found it entertaining myself. Here are the guilty parties IMO. CNBC, Joe Kernen, NAZDAQ, Avtel, Shorts and greedy investors not doing their DD.

I guess the shorts started buying it once it'd gone up so far, then, others heard the reporting about it and started buying, and that caused the shorts to get squeezed, which ran it up. At that point a feeding frenzy was occurring. Now it's closed til things either cool off or get sorted out.