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

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To: Q. who wrote (1367)7/9/1998 5:13:00 AM
From: Dale Baker  Read Replies (1) of 2506
 
John, are you following Roger's pick SACM? Looks ripe for picking with the floorless convertible and no sales outside their own little group. Outstanding shares are 7.7 million but I can't find info on the float. Latest short interest is only about 20K shares.

Very low volume. Price can jump 1/2 point on a handful of shares.

Thoughts?
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