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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: secureit who wrote (12339)9/17/2002 7:42:22 PM
From: DELT1970  Read Replies (1) of 16631
 
Fulcrum is a small investment house/bank that seems to be connected with organized short sellers and one that seems to be doing some excellent tech trend research or using somebody's research to make its calls. On June 20 they initiated coverage on ESST with a SELL while Needham, Investec and others were at strong buy. ESST itself had just then come out with bullish guidance for Q3. Barrons' must have gotten wind the first weekend in August of Fulcrum's work as they published critical comments and the stock took a hit. Now, the company abruptly warns, changes forward guidance, the stock tanks and somebody is mad at Dave Gore.
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