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Non-Tech : Coinmachine Laundry -- WDRY

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To: Don Westermeyer who wrote (32)2/15/1998 2:02:00 PM
From: Cosmo Daisey  Read Replies (1) of 116
 
Don,
I guess caution is whats needed with this stock. The trend was down before the Asensio report. I think he got the idea from Pancho. The point is to make money either long or short and after the percent loss of Thurs and Fri we could be in for some increases. Sounds like you had a good trade, congratulations. With the increasing short position the funds may try to shake some holders out. One reason for their large positions is to tighten up the float and make it easier to control the price of a stock, not just WDRY but any stock. The Asensio influence usually is over quickly following his recs and then the real value emerges over time.
Coz
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