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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis
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To: Q. who wrote (1201)6/18/1998 11:21:00 PM
From: drakes353  Read Replies (1) of 2506
 
FWIW, the spread has tightened up quite a bit in the last two days. Only a quarter point for much of today as a matter of fact. But you're right, if it gets delisted it'll probably go back to a point.

However, the assets looked funny to me, with huge increases in receivables and receivables from affiliates, so I have no way of knowing whether the profits were inflated or not. It sure would be nice to see an audited report.

Profits? John, this is Equimed we're talkin' about. Quit pullin' my leg.

drakes353
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