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Technology Stocks : Forecross Corporation : Y/2000 -- Ignore unavailable to you. Want to Upgrade?


To: Mark Jurik who wrote (1523)1/1/1999 7:26:00 PM
From: lef  Read Replies (2) | Respond to of 1654
 
Dear Doug Mcleod,
I guess I must side with Mark.I am befuddled by your comment re:Frxx
stock manipulation.I trade full time for a living and have been doing so for over thirty years.Believe I watch all of my holding tick by real time tick.The other day my broker/dealer showed me 45000 shares or FRXX at $1.50 of which I bought 15000.{a major no no averaging down}The balance of the stock was placed in the street.It appears to be normal yearend tax selling.However,someone appears to be taking a stand at around $1.00.I might add that I am sure that those making a market in the stock are probably junior trader{ie not INTEL,CISCO traders.}therefore they are as nervous as a whore in church and must be flat by days end{ie out of inventory.}At any rate the shorts of many months ago have certainly been right so far and they deserve credit for their accurate judgement.But to quote Yoggi Berra "It a'int over till it,s over" I,m in for the duration.
Happy New Year to All.
lef