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Strategies & Market Trends : WR's Momentum Trades
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To: Harry_Behemoth who wrote (424)10/27/1998 8:06:00 PM
From: Wayne Rumball  Read Replies (3) of 11130
 
CDNO, if you want some info you'll run away.

Anyway, here it is;
Negative book value, bleeding money faster than they can issue shares

Positive side, for some odd reason a bank gave them 20 million I think to buy another company. Why anyone would do such a thing I have no idea.

Maybe its a dead cat bounce or maybe its a dead dog pump.

in Anycase if the ask gets to 0.20 head for the hills.
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