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Strategies & Market Trends : Sharck Soup

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To: besttrader who wrote (23561)5/17/2001 2:32:45 PM
From: Johnny_Blaze_420  Read Replies (1) of 37746
 
knight...

lmne has 70% of float short as many believe that mrv will not spin it off....

that changed today as a favorable letter was received by the company.

spinoff will happen in oct/nov...

mrvc needs to be above 13.52 for spinoff to happen...

institutions think it is easier to cover their positions in mrvc and also to take a long position in mrvc to get lmne shares...etc..etc...

mrvc up .40 today
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