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Strategies & Market Trends : Resource America (REXI)

REXI 9.780

0.0%

Sep 9 5:00 PM EST

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To: Doug Fir who wrote (159)	10/8/1998 8:14:00 PM
From: david james	Read Replies (2) of 220

This takeover offer appears so silly that it seems most likely that this was set up by the shorts to provide an opportunity to short at a higher level. Its a bit too obvious that it would be exposed. And it makes you wonder whether today's activity represented heavy short covering.

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