SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Action & Options- Taxikid plays
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: taxikid who wrote (2668)11/10/1997 4:50:00 PM
From: Allan F  Read Replies (2) of 4339
 
taxi et al:

I have been browsing your thread here for the past six months or so. Very nice. I got in CREAF awhile back, before it made its first move to 27+.

If you don't mind I was looking for your take on CDRD, I must say your timing is quite excellent. It does not seem to be the quick in/out that you usually play, but I think it is a sound short. There is a thread on SI with only a few shorts ever posting. Basically the story is they have to raise a lot of money to put up a satellite for subscription radio. The only way they can raise money is selling stock. They will have no revenues before 2000. There is a large preferred available for conversion on Friday. Some people seem to think it will tank soon after, maybe Monday. I am a little skeptical about such neat timing and was wondering if anyone here had some input. I am considering increasing my short, but am looking for another point of view first.

Thanks much, keep up the excellent posts.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News