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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Q. who wrote (1049)5/13/1998 11:35:00 PM
From: drakes353  Read Replies (2) of 2506
 
John:

Thanks for your post. After having missed TRIIE I'm happy as a clam to be along for the ride on SWSHE. Good point about the re-listing thing. For all I know this pup could reopen at $5 on the Naz next week.

In their press release today they said "they expect to announce 1997 earnings within two weeks" but they also said something about doing their SEC filings "as soon as practicable". They need to complete and file an updated '96 10K, the '97 10K and the '98 Q1 10-Q (the Q by 5/15). All this "within two weeks"? I don't think so.

Would love to see them miss their self-imposed two week deadline and head on over to the BB.

drakes353

PS to anyone shopping for "E" stocks: Here are current the Naz/NazSC, over $5 "E"s as of the close 5/13......EQMDE, IICRE, PAMCE, WHELE (TRIIE continues to be halted last I checked.) While I'm at it here are some recent Naz/NazSC reverse split jobbies trading above $5....DLPHD, MRPSD, PLPTD.
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