Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (3537)	10/5/1998 3:39:00 PM
From: ElmoDog	Read Replies (2) of 18998

You are a smart one, Mr. Pink. Just did some checking around -- 2 large shareholders liquidating NDE positions, apparently. One forced (real liquidity problems -- I think you know who it is), the other out of frustration re CMM as analyst wants the pain in the sector to end. You knew this was happening today, didn't you? Did some more work -- still don't understand fundamental short. Liquidity call was genius, if it was planned. However, NDE will do $0.55 this Q -- w/ high quality earnings. Overreserving, etc. Dividend intact. Residential mortgages ok. This doesn't seem like one of yours??

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