Replies to post #136 on General Magic (fka GMGC)

[Koikaze]

Pez, I considered writing something about it. Then, I reconsidered. However, since you asked .....

I'm choosing to look at today's action as a bullish manifestation.

Here's why:

I keep hearing these stories about how GMGC's price is controlled by financiers who manipulate the price to their advantage. You know what I'm talking about ... all that stuff about "them" driving the price down so they can cover their shorts, and so forth. (It's important to know I don't pay much attention to that talk. It's not that I don't believe it. It's just that I don't know whether it's right or wrong, so I don't worry about it.)

However ...

Suppose all that speculation is accurate. Why, in that case, today's action is clearly designed to terrify the little holders and get them to sell so the greedy financiers can pick up the shares for a pittance. Obviously, that means next week's c/c is going to be a blockbuster!!!

Hey! Why not. That opinion is based on as much fact as most of the ones I've heard (dgurgel always excepted, of course).

Fred

[Baja33]

Pez,

the action after 2 pm yesterday has me stumped.