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

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To: Carl Yee who wrote (1474)7/28/1998 11:30:00 AM
From: drakes353  Read Replies (1) of 2506
 
Carl:

SRCM also continuing the el-foldo after yesterday's meltdown. Looks like the buyout rumors was pump and dump at its finest.

They are trying to force a warrant call. Now, did they need 20 consecutive closes above $20 or was it at or above $20? As of yesterday they had a string of 14 closes at or above $20. Don't be surprised if they try to crank this thing up again later today.

The gang at Southeast Research (our PNDA buddies) is behind this one.

drakes353
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