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

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To: Q. who wrote (1477)7/29/1998 9:44:00 AM
From: Anaxagoras  Read Replies (1) of 2506
 
Thanks for the link, John. Glad to see that the author had the good sense to go to informed and reliable sources. :-)

<<The most difficult task for Hayes, if it pursues the lawsuit, will be to prove that the 14 investors and money managers colluded to harm Hayes by driving down its stock price. >>

I think that once again Hayes will be making a mistake and be barking up the wrong tree. I seriously doubt any sort of collusion between the firms was involved. It simply isn't necessary for the price to fall, as we well know. Further evidence of the company's naivete, IMO.

Anaxagoras
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