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Strategies & Market Trends : WR's Momentum Trades
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To: Jim Spitz who wrote (8849)11/16/2000 8:55:45 PM
From: Wayne Rumball  Read Replies (3) of 11130
 
Shorted VVTV (V V T V) in after hours at 16 9/16

writing off 55 million in investments in other firms. Goes on to talk about how their business is profitable yada yada yada.

IF YOUR BUSINESS IS SO DAMN PROFITABLE WHAT ARE YOU INVESTING IN OTHER COMPANIES FOR????

Like the chart, in any case, looks like the stock is full of hair trigger sellers. Institutions hold 34 million of the 38.6 million outstanding.

I'm guessing that will change tomorrow :-)
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