REXI is jumping up! Message Board

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Strategies & Market Trends : REXI is jumping up!

REXI 9.780

0.0%

Sep 9 5:00 PM EST

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To: NASDBULL who wrote (35)	8/25/1998 10:34:00 PM
From: Craig Schilling	Read Replies (2) of 83

Ignore the shorts, the bottom line is that this accounting information has been out in the public hands for over a year now. One firm raises questions only after stock runs up. Where were they with this warning a year ago. The bottom line is that they knew it would cause a sell off due to the unsettled market we are now experiencing. A good short trick that can be tried in this type of market as long as you don't get sued doing it. The news is out and stock went through the capitulation phase today. Insiders have not been selling so don't worry about much in the way of downside from here. The price will now stabilize as cooler heads come in to the stock.

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