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

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To: Anaxagoras who wrote (1144)	6/15/1998 10:44:00 AM
From: drakes353	Read Replies (1) of 2506

Anax: Ditto all those comments about John. The "perfesser" has taught us well. Anyone else taking a look at PAMCE this AM? It's trading like it got delisted. Low of $3.50, last at $4 and yet I'm showing a bid of $6. Bizarre...but in a good way. Oh, here it is....... Monday June 15, 9:46 am Eastern Time Company Press Release Provident American Informed of NASDAQ Delisting NORRISTOWN, Pa.--(BUSINESS WIRE)--June 15, 1998--The Provident American Corp., (NASDAQ:PAMCE - news), reported today that the Nasdaq Stock Market Qualification Hearing Panel has notified Provident American that it has determined to delist the company's common stock from the Nasdaq National Market, effective at the close of market on June 12, 1998, because of the company's inability to timely file its 1997 Annual Report on Form 10-K. Cha-Cha-Cha-Ching! Me thinks EQMDE may well be next. drakes353

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