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Strategies & Market Trends : Three Amigos Stock Thread
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To: brogan who wrote (19885)5/11/2000 10:23:00 PM
From: Ken W  Read Replies (2) of 29382
 
Eric,

GSTX is going broke fast...No cash and is the prime target of Mr. Pink's shorting group. They will run it into bankruptcy and cover at 0 thus no tax on the gain from the short position.

Looking to add some more DRAX if it gets back to 2 1/16.

There was some interesting trades toward the close on FLDR. Bid ran down to 2 3/8 on one block + 1300 trades. Then nearly 40K shares traded at the ask of 2.50......Shake out?
Ken
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