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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (10238)6/27/1999 10:46:00 PM
From: Mr_X  Read Replies (2) of 18998
 
Mr. Pink-

The Hudson Savings Conversion offering is in shambles. Undersubscribed due to the ridiculous prining and the criminal use of the Mutual Holding Company structure, they arenot out begging in the New Joisey community trying desperately to get there pathetic deal done at the $10 level. There is no doubt the stock will open at a sizable discount to $10 bucks.

My question to you, Holy One, is, What level would Hudson Savings stock be a decent 1-4 week spec? I want to be ready for it when it opens.

Thank you in advance,

Your humble sycophant,

Mr. X
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