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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Mama Bear who wrote (14866)10/27/1998 2:20:00 PM
From: RockyBalboa  Read Replies (2) of 18691
 
FIBR: 3 Firms hiring COOs ,CEOs CFOs, paying audits are even worse than 1 co burning that money.

Maybe the rights offering is better timed than the ones of SIEBR or UGLY /Cygnet, providig real value (I sold SIEB with rights and even those are worth nothing when SIEB recovered a bit).

That said, FIBR tanks some /16s instantly. Uff, not much interest on the bid side. A half block locked the market at 8 and the bid vanished. It smells!

C.
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