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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Shea who wrote (7274)5/20/1999 3:13:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Hey. . .Kevin. . you aren't paranoid. . watching manipulation on PTEK has been fascinating. . .Traded above 30 for about 3 years, then last May dipped below 20 for first time. . .and didn't stop until it hit 2 something. . .all on shorting. . .so today's revelation of this massive investment in WebMD which is worth around 5 million shares post-merged. . .the MMs and brokerage houses, etc. . were caught short. . .so they have been fighting like a good bass to keep down the price, regardless of the value of PTEK being WAY above where it is trading. . . .

Rande Is