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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: Bill Wexler who wrote (1715)8/13/1998 5:32:00 AM
From: Bill Wexler   of 4634
 
Reiterate a very strong sell/short-sell recommendation on Gardenburger (GBUR).

10-Q is now out. Recent token purchases by insiders smell funny (particularly in contrast to the massive sales by one of the founders), and the overblown promotional campaign smacks of desperation.

GBUR is grossly overvalued and should be shorted at any price over 5 but caution is advised. I don't see evidence of any gross management misconduct (yet), and the stock is very squeezable.
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