SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bill Wexler's Profits of DOOM

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Wexler who wrote (4328)2/2/1999 6:57:00 PM
From: Bill Wexler  Read Replies (2) of 4634
 
ABTE up against the ropes.

biz.yahoo.com

I am astounded that this stock is still trading over $.50 a share.

ABTE may now be the greatest "no brainer" short since Zitel at 40. The extra added kicker is that ABTE is now under tight deadline (preferred redemptions) which will temper any monkey business with the common. Remember that whenever you deal with crooks, there is always a danger of stock fraud and manipulation - so there is still a possibility of a short squeeze; however, there is absolutely no doubt that the stock will collapse entirely far below its current price of 10. So short it prudently, but by all means...DO short it!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext