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: TradeOfTheDay who wrote (3665)	10/7/1998 11:32:00 AM
From: Dr. Seuss	Read Replies (1) of 18998

Read the release.... ....This offer is subject to among other things, further due diligence and the completion of a signed definitive merger agreement with REXI. Didn't FP pull this same trick. Oh, yeah, we're making progress....then it ran from $10 to $12.75 and dropped from $12.75 to $4. When push comes to shove, all they have to say is that REXI has to restate earnings due to funny financials (see Pluvia report) and they aren't going to buy it. I really think this is a stall technique to create a squeeze and let the insiders get out at a higher level. $15? I call bullsh!t on that! Better yet, I call Shenanigans..... Quick officer Barbrady, do something! Dr. Cartman

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