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To: Zappo3 who wrote (20)4/21/1999 6:40:00 PM
From: Zappo3  Respond to of 33
 
Kerry, see what I mean. There were no trades for almost two hours then, bang, somebody hits the bid on the close - two times, one right after the other. Anyone with a brain that wanted to sell stock to take a profit would sell into strength. Only someone who was short and shorting, trying to drive the price of the stock down and frightening novices into selling by hitting bids at the close would do such a thing. And only a fool would short a stock at a dollar that they knew nothing about. So you know the people doing it are young and relatively inexperienced. You also know they don't have very deep pockets and are scared. What is happening isn't supposed to be happening within their limited paradigm and they are getting desperate and confused. Especially because they were also shorting at much lower prices because they are just so smart. Sometimes you win, sometimes you loose.