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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: P314159d who wrote (958)9/11/1999 10:52:00 AM
From: xcr600  Read Replies (1) of 1438
 
WSTL- any idea what happened Thursday? Huge volume day and drove the price from 7 1/8 up a point. No news or anything that I could find. Covered for -3/8. Didn't know what to expect with the vol surge. Friday was still a 900k+ day.

WEBB- now NS at Datek. LEaves me to believe that a large short position has already been laid out in this stock. When the CC financing was originally announced shares were announced. I'll check around Monday at some other brokerages.

x
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