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

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To: jerryf who wrote (600)4/6/1998 9:27:00 PM
From: Ken Brown  Read Replies (1) of 4634
 
I was able to short it through Datek ... though why I did such a foolish thing is beyond me.

The danger is that due to the small float, the shares could be called back at any time (like Datek really borrowed them). SIEB is about as over-valued as a stock from a real company, without hype, can get. That doesn't make it a smart short, though. I'm already down $7!

I believe it's supposed to split 4-1 Wednesday. Who knows how high it could go after that? Gulp.

Ken
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