Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who wrote (2154)	6/14/2001 6:55:30 AM
From: double-plus-good	Read Replies (1) of 6873

Michail, the IDN pump appears to be related to a rights offering made in march of this year. the stock must maintain a close above 10.5 for 20 consecutive trading days in order to be exercisable at 8.5. biz.yahoo.com of course the company stands to generate a lot of cash if they have a large number of rights exercised. seems like a pump can be made and shorted with automatic profits from an 8.5 exercise. seem to be a few paid promoters in residence over at yahoo. likewise on dlia, the action seems clearly enough to do with the pending share offer. i see these as medium term shorts but ones which should in the end pay off handsomely once the dump begins, especially if one is willing to hold short for all the money and not just the first dump. these are smelly deals. jmo ++good

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