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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Hank who wrote (5014)3/15/1998 8:31:00 PM
From: Pancho Villa  Read Replies (2) of 18691
 
I would hope BFIT tanks more. Unfortunately I do not control the float. IMO it may not do much until March is over. The MM want to keep if high to have it contribute to the quarter at as high a price as possible. Then greed/fear may hit and they all rush for the exit. IMO this guys were trapped in a stock with poor liquidity. The price should nosedive when they start selling.

Pancho
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