Floorless Preferred Stock/Debenture Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Floorless Preferred Stock/Debenture

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (491)	6/26/1999 3:10:00 PM
From: RockyBalboa	Read Replies (1) of 1438

I think, it does good to point out the sad situation of ENML. ENML is one of the worst performing stocks in this season, heavy selling led the stock down to 1+ after it traded as high as 10 in December and 9 in January, shortly before they went to the well for some $5M mid-January. These $5M was only a small fraction of the market capitalization at then prevailing stock price and an indication how damaging such an issue can be. Then ENML chart is a muster of what is characterized by ongoing heavy selling pressure since the closing mid-January. That does not necessarily mean that UOLP shares the same fate, but shows the dangers of junk equity placement. is.con

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next