RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mac who wrote (439)	6/16/1998 11:56:00 AM
From: Dave Gore	Read Replies (3) of 1364

Add'l info on Rhombic... MM's short stock, perhaps to the tune of 2 million shares; word is that 600,000 certs have been called by long shareholders. They definitely took advantage this morning of no news to shake out shares, since they need them quite bad to cover before the news. Remember the MM's know better than we do how big the news might be. Plus since the Company will be a reporting one soon, and the AMEX listing after that, they need our shares now. In the past there have been 100-200K days of mostly all buying and the stock closes up 5 cents. Today with few sells, they try to tank it. Just some thoughts....they covered very little of their short position this morning but did get some. Hopefully the news out of Daimler when it comes will be a nice positive for the stock. Since the IEC technology they are licensing from Rhombic is already in production at Daimler, it certainly should be.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next