SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dr. Seuss who wrote (3666)10/7/1998 11:45:00 AM
From: Boom Dog  Read Replies (2) of 18998
 
REXI merger

Hi, Dr. Seuss

I too have been following REXI closely. And it is clear that we have not heard the last word on the buyout. I am waiting to see details. If it opens near $15, I may go in short, since the risk on the short side will be so much less than the risk on the long side.

I would caution you to be careful, however, about basing your investment on Mr. Pluvia's report. If you have been following REXI's Yahoo thread closely, you would see that Mr. Pluvia had some fundamental misunderstandings about how REXI handled gain on sale accounting. This doesn't mean that REXI isn't a good short sale candidate. It just means that you should judge the accounting issues yourself, rather than trusting Mr. Pluvia.

Yours,

The Boom Dog
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News