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Strategies & Market Trends : Rande Is . . . HOME

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To: BANCHEE who wrote (49635)3/22/2001 1:31:01 PM
From: Dennis O'Bell  Read Replies (1) of 57584
 
Re: MFNX price action... stories circulating about some VC fund(s) dumping their shares, meanwhile SSB supposedly came out with a recommendation to take advantage and accumulate at these prices, LOL!

They're probably more interested in helping these funds find some buyers to unload if this is the case.

This seems plausible if these funds have the shares at a cost basis of pennies on the dollar, but I have no idea how to verify the truth of this.

And any truth to the claim that there are also margin liquidations since a stock under $5 is not marginable?
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