Shorting stocks: Broken stocks - Analysis Message Board

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

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To: drakes353 who wrote (1211)	6/19/1998 4:49:00 PM
From: chester lee	Read Replies (1) of 2506

I might have gotten lucky on this one. You are still the champ for what you pulled-off yesterday, but I did manage to short a few shares at 6-1/4. Let's see if they open at $3 on Monday. I guess I'll have to do some calculations this weekend. I'm just thinking out loud: Value of the stock should be: market cap of EQDME minus value of ASI. ASI, I believe, has essentially Zero Cash (since it has negative working capital) and actually owes cash due to it's debt. This one shall be interesting. chester

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