Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: P314159d who wrote (974)	9/21/1999 1:17:00 AM
From: Larry Brubaker	Read Replies (2) of 1438

P3, good luck on your $10. I'm guessing it won't get there. I watched the trading closely today and it was being steadily sold all afternoon. Right at the end, the MM's brought it up right to $9 on almost no volume. Looked to me like a MM head fake. I'd guess if it breaks $9, the bandits will be shorting with abandon. IMO, this is a good entry point, but keep some powder dry if you do get your $10.

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