rumor going around again about Rubin leaving the cabinet AGAIN
here is what I saw from Barrrons:
"Be forewarned, too, that with the tiny public float, the stock will
likely remain volatile for weeks to come. And the rhetoric has begun
heating up. On Thursday, a Hurst, Texas, brokerage firm called Key West
Securities snapped out a press release asserting that K-Tel is "severely
overbought," and deserves to trade at $5-$7 a share. The next day, an
Austin, Texas, outfit called Stock Investor Trading News whipped up a
release of its own, calling the stock a "strong buy," and predicting K-Tel
will top $100 a share. Key West, of course, is short the stock; the
principals of Stock Investor Trading News, including a hedge-fund manager
named Louis Riley, are long. And as for us, we're simply astonished."
If you see a confirmation from ANOTHER source on that Key west thing let me know...that is just so bizarre if they were short...that means they had to get out Thursday.
American bankers still going ahead with Cendant |
