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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Pancho Villa who wrote (8899)12/26/1997 9:16:00 PM
From: Druss  Read Replies (1) of 9285
 
Pancho--Would you mind looking at WDRY.
At or near its yearly high. Just got rated a strong buy by an analyst initiating coverage and I can't help but wonder if he is in bed with the company. The company is losing money and carrying a truely massive debt. The 10Q has some moves involving forgiving loans to company officers that seem fishy to me. This is not my normal type of company to research and I would appreciate your expertise. This company may not be a good short, but it sure looks like a stinky strong buy to me.
All the Best
Druss
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