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

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To: allen menglin chen who wrote (397)5/9/2001 6:53:34 PM
From: zx  Read Replies (1) of 6873
 
Hi Allen, will having a piece of XMSR help RRRR much.

XMSR 4:00PM 11.40 +3.07 +36.85% 6,309,700


XMSR really flying now. $11.30.
by: Noltzy 05/09/01 12:49 pm EDT
Msg: 70976 of 71041

The notes are exchangeable at Rare Medium's option for shares of XM stock at $10.41 per share with respect to the initial advance.

Would like to see XMSR hit Dean witter's $35 target price sooner than later and RRRR exchange the shares at $10.41. Nice porfit.
XMSR- Short Interest
Short Interest
As of 6-Apr-2001
Shares Short 6.11M
Percent of Float 26.0%
Shares Short
(Prior Month) 6.03M
Short Ratio 5.14
Daily Volume 1.19M

See Profile Help for a description of each item above; K = thousands; M = millions; mrq = most-recent quarter; ttm = trailing twelve months; (as of 31-Mar-2001, except mrq*/ttm* items as of 31-Dec-2000)

Based on the close of XMSR and IF RRRR exercised their option for XMSR shares through MTNT...2,401,537 x (11.40-10.41)$.99= $2.377 million or about 9.5% return on investment TODAY.

I realize tomorrow XMSR could be down, but for today...not a bad investment.
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