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Riverstone Networks, Inc. (RSTN) Message Board

  • bbbnnnddd23 bbbnnnddd23 Mar 28, 2002 2:20 PM Flag

    Doug Gish

    Relax my man. There is a good chance INCA and BRUT are the same institution using heavy ask size to pressure the stock down as they use Island ARCA and REDI to buy shares on the bid. We have to see how long it takes to get back to the 6.30 level to judge if this was real selling, or manipulation. If we spring right back to 6.30 on one 5 min bar, it means they are setting up to squeeze the short side into the close.

    However if we dont get a bounce soon, and the Naz continues to show strength, it is wise to step aside, and let the stock stabilize.

    Just an opinion.

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