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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Jim Spitz who wrote (28031)4/8/1999 12:45:00 PM
From: Eric Fader  Respond to of 122087
 
Wattage Monitor (WMON) IMO is a shady stock that is being manipulated skyward. Check the P&D-style chart, the "naive investor" on the thread who liked the "slow, steady move," the indignant responses to what looks like a major forthcoming dilution problem ("if the fundamentals suck or are questionable, ignore them"), and the wacky MM activity. The stock took its first body blow today, zipping from 16ish to 9 in a blink. I can't short it, and it might be too thin to try anyway, but IMO it might be a classic P&D (reminds me of KESE and KCAP) despite the presence of Lessin of Wit Capital.