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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: mishedlo who wrote (1838)6/9/2001 10:29:29 PM
From: Michail Shadkin  Read Replies (1) of 6873
 
Mishedlo - my thoughts on AREM

I seen this movie before!!!!!!!!!!!!!!
Company has accounting problems or revenue problems.
The shorts and the media keep digging up more dirt.
Institutions and all bagholders lose all confidence.
With more dirt, the pressure builds.
Eventually the auditors refuse to sign off on an unqualified opinion.
Month later, company decides to restate revenue and earnings.
A million class action lawsuits are filed.
Even legitimate customers start feeling stress and quit doing business
Company declares bankruptcy.
Top insiders are charged with fraud and arrested.
And we all live happily ever after.

I been following the details of this one closely.
The only reason I have not taken a terminal position here so far, is the revenue in question so far has been small on a % basis.

If that % in substantially increased with more news, I will step up to the plate immediately.

Also, the fundamentals look reasonable, maybe even cheap, if there are no other problems to arise.

For now enjoying the humor of it all.

traderpulse.com
Michail
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