Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (2458)	2/7/1998 10:44:00 AM
From: Allen Furlan	Read Replies (2) of 18691

Re WDRY. Agree with your logic. My question is around the mechanics of the irrational support, ie a timing question. I have seen literally dozens of stocks which were supported subsequent to a secondary offering in which the insiders were selling off their shares to the public, in which I assumed the underwriters took on some inventory, and in which the stock appeared overpriced except for artificial support. Experientially how long do brokers artificially support such stocks?

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