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Strategies & Market Trends : Resource America (REXI)
REXI 9.7800.0%Sep 9 5:00 PM EST

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To: PaperProphet who wrote (35)8/28/1998 12:36:00 AM
From: Tom Murphy  Read Replies (1) of 220
 
Kurt....don't kid yourself...the pros are here...there are some major hedge funds into this stock and they are still smelling blood. This stock is in free fall and they will try to squeeze every penny out of it. Remember, for the same amount of money they can short 3 times the number of shares today they could last week. Unless REXI can talk some Institutions into stepping up to the plate and supporting the price or the company starts buying back like crazy....this stock is probably heading for single digits.
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