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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (2682)2/3/1999 9:30:00 AM
From: Rande Is  Read Replies (2) of 57584
 
Do not underestimate SIEB. The float is gone. Muriel proudly owns most all of the shares. Highly volatile...for experienced daytraders only. I am looking at getting out at 39 of shares I got them at 7 [relatives]. It would not surprise me if it ran higher than that today. . .SHORTS WANT IT BAD, so there may be a war, but I don't think they will find many shares to short. So it could surprise everyone.

PRFM is getting a double whammy. Shorts are on all boards and rooms yelling to short it. And long holders have their long anticipated CEO appearance on CNBC, so they will be looking for a pop to get out. Doubt it will pop after what it has been thru. Daytraders don't want it. Mark Haines has that look in his eyes that he gets before his face turns red in an interview. Shorts say closing at 7, no reason to disagree.

More later.

Rande Is
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