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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: Mr. Pink who wrote (6088)1/13/1999 9:25:00 PM
From: zoya  Read Replies (2) of 18998
 
Mr.pink,regarding dbcc

with brokers calling clients and recommending
shorting dbcc,
with anthony calling it a short,
and of course your highness calling it short,
with every body's mother short dbcc,
with marketwatch offering only 2.75 million share,
don't you think marketwatch could trade very
very high,maybe even 300+ with this internet frenzy
and all(i mean look at yahoo opened down at 332 and
recovered brilliantly)on friday when it starts
trading.
what if dbcc follows the frenzy,goes to 70..100+
and starts generating margin calls for those who
are short?it could happen.
won't the shorts loose their asses and are forced
to cover at these riddiculously higher prices?
again, i am talking about the scenario on the
first trading day of marketwatch .it could loose
it's lustre come monday, but the dbcc shorts may
go bankrupt on friday.
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