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Non-Tech : J.B. Oxford -- Ignore unavailable to you. Want to Upgrade?


To: frank meysamy who wrote (1060)2/18/1999 8:49:00 PM
From: Patherzen  Read Replies (2) | Respond to of 2220
 
Frank..the problem with insitutional money is it does cause market manipulation. These dudes handle billions of 401K, pension, money market and mutual fund $$$. When they trade off and lock in profit to pay off investors who sell portions of their port or otherwise, naturally the stocks prices must tumble (supply and demand). Then they are right there with their billions to buy back in at cheap prices and it looks like interest is back and more jump on the parade. They cause the volatility IMO. On-line traders have only 25% of the market now. Only in America as they say...the small guy is prey to the Big Kahunas. Big money manipulates. I only "play" with a small amount of my total assets. Cash is King and will always rule!



To: frank meysamy who wrote (1060)2/18/1999 8:56:00 PM
From: frank meysamy  Respond to of 2220
 
I saw a post here week ago, The guy bought and hold 50k shares at 50 cents per share for few month. He sold at 5.50/ share and cashed out, 250k. Did he sound happy???? No, cause He did not wait another day, He missed the 1M. These VPs and FOUNDERS, of the companies, like MHMY who started the bussiness almost 40 years ago, and going to work everyday, is entitled to cash out some of his shares, this is the name of the game, If you can't take the heat, stay out of kitchen. The guy who made 250k in few month, with the push of a mouse is not happy.

Mory Ejabat CEO of ASND sold lots of his shares while the stock was going down two years ago, That did not kill the company, now the comapy stock price is over 70, that time was 33. But he did not sell all his shares, He is richer now. People compained that time, so what, stock came back strong, everybody made money, those who hung in there.

FM