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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis
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To: Dante Sinferno who wrote (1496)7/29/1998 11:25:00 PM
From: drakes353  Read Replies (2) of 2506
 
Robert:

In re-reading the last Q today I see that the Reg D deal was for 1.2 million units consisting of 1 share and 1 warrant to purchase a share at $7. Looks like someone has some motivation to keep the stock above $7, for a little while anyway.

Rarely see this kind of um, price activity with an "E" stock since they are already under the Naz microscope. Bizarre.

drakes353
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