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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Dave Shares who wrote (3462)10/8/1998 6:40:00 PM
From: Mad2  Read Replies (1) of 4634
 
Dave as my earlier post indicated I was and still am short at 29. The low float and the manipulation of the stock from the underwriters of the secondary offering are what's keeping this baby up in orbit. Prior to the firming of the secondary it was 23-28 range, however the announcment of the secondary at 27 put me under. Reading through the 10k's management strongly states PRBZ will not maintain it's growth rate. I'm looking for some bearish news to get this one going in the right direction. Dave I don't know what kind of rookie you are but this one may take some time yet.
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