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


To: Lucky888 who wrote (30365)4/15/1999 10:49:00 AM
From: HRAKA  Respond to of 122087
 
Lucky,
This how BB's are worked by MM's. BB mm's can get away with murder.
They cooperate with the hype and rocket the stock. This draws more attention. The price is up in double digits and they are shorting like crazy. When the buying dries up they plummet the stock price on low volume and cover back down around 2 bucks. (some never cover) It happens all the time. That's why BB's fall so fast (and it's usually on much smaller volume than what it took to run it up.
Hraka



To: Lucky888 who wrote (30365)4/16/1999 12:54:00 AM
From: Richard Miller  Respond to of 122087
 
Lucky. I'm long MXNT. Dangerous one to short IMO.