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Pastimes : Thread Morons
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To: Cheeky Kid who wrote (6120)12/1/1998 7:45:00 AM
From: Janice Shell  Read Replies (1) of 12810
 
Well, the end of September really wasn't a great moment to launch an all-short portfolio. BUT I do need to talk to Forest about TBR. They did a series of spinoffs, the implications of which, for the shortseller, I don't really understand. If you pull up the symbol, the original TBR is now next to worthless, though shareholders would of course have received shares in the companies that were spun off, and they'd have done very nicely indeed.
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