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

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To: Bob Biersack who wrote (1535)7/30/1998 5:54:00 PM
From: drakes353  Read Replies (1) of 2506
 
Bob:

Will do. Seems quite a few folks 'round these here parts have an interest in this hotelier turned broker. Looked through some old press releases today. CZCH (EASTE's previous incarnation) was brought public by none other than Stratton Oakmont. Didn't exactly come as a shock.

Funny thing about today's close was no one made an effort to close the stock at the ask. Usually in pump situations you'll see a token order go thru at the ask near the close, didn't happen. Maybe they are done painting the tape on this one. We'll see.

drakes353
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