Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: hasbeen101 who wrote (7101)	11/17/1997 6:33:00 AM
From: Pancho Villa	Read Replies (1) of 9285

DM:>>So "Split mania" is not necessarily in conflict with academic theory. In fact, the theory provides some explanation.<< I agree! >>Obviously, one way for management and directors to hype a weak stock is to announce a split, falsely implying that they have bullish inside information.<< I agree again! This was my point in my post. If the split does not have some fundamentals behind it [as it would probably be the case for the short in question], the split should go unnoticed. My point was that because of the reasons you explained it may go up! Paancho

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