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Strategies & Market Trends : REXI is jumping up!
REXI 9.7800.0%Sep 9 5:00 PM EST

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To: majormember who wrote (24)8/24/1998 9:04:00 PM
From: Tradegod  Read Replies (2) of 83
 
Checked the Yhoo thread, things are heating up over there. Longs are nervous; so are shorts. Their claiming everything from that it's trading at 17 3/4 after hours (not true) to an earnings restatement announcement this Friday. (no way of knowing on that one, but highly unlikely given the CEO's comments this afternoon. I decided to bet on the company after hearing the conference call. Everything I heard from the company makes me think that this is buying opportunity. However, the tell of the tape makes me nervous. Big announcement by the company or research firm could help things tomorrow. Ain't a free market great?
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