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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: clochard who wrote (633)4/8/1998 7:22:00 PM
From: Bill Wexler  Read Replies (1) of 4634
 
Altair (ALTIF) continues to crumble...

ALTIF is a fraudulent mining operation with only 5 employees. ALTIF stock was run up when investors got a bit too excited about the company's claims to a patented "centrifugal jig" technology for mineral separation. The company's claims are bogus.

ALTIF will eventually trade in the low single digits and I strongly reiterate my short sell recommendation.

Just for fun check out the company web site at:

ctaonline.com

Note the "newsgroup" section where "investors" rant about how short sellers are killing the stock and how the current price collapse presents a "buying opportunity".
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