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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bob Trocchi who wrote (16020)12/10/1998 12:23:00 PM
From: american dreamer  Read Replies (1) of 18691
 
PURE ... today's short pick of the day. Up from $.40 in October and up from about a buck in November... this company sells waterfilters and not very well. losses exceed gross revenues... just announced an internet connection and, of course, those close to the company ran it up. volume already drying up. this will return to about $1.5 in a few days... no fundamental support.. no technology advances.. no earnings surprises... absolutely nothing but selling water filters on the net.. how much more simple do you want it.
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