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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: VelvetX who wrote (1190)3/9/1999 2:06:00 PM
From: Frank Ferrari  Respond to of 2004
 
I have to agree. These guys do not seem interesting in pumping the stock (relative to other e-commerce and internet companies) this is probably because of their history of insider selling. Consequently after every modest rise the shorts are able to knock the price back down. The company is too predictable and it is an easy way to make money for the shorts who want to trade. At one point something will give, either OMKT will create a large short squeeze with a positive announcment or the shorts will continue to cover lower and make a killing with every trade.

Just my opinion

cheers
Frank