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Strategies & Market Trends : Three Amigos Stock Thread

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To: RADAR ))) who wrote (13631)2/5/1999 11:53:00 AM
From: Ditchdigger  Read Replies (1) of 29382
 
Here is a short play-SKI ,barely above 5,but I think it will see 4 before it sees 6 <g>...Subject close to home,I live at one of their ski areas..Schroder downgrade, Standards and Poors debt downgrade,bigtime debt load,shitty winter for ski areas,recent $58mm private placement,Wallstreet snubbed their attempt at a $300mm junk bond offering-they withdrew..I can go on...from $18/sh to 5 1/8 in about a year and half...DD (and it just up ticked)-I expect death by 1000 cuts,beginning with liquidation of assets...won't be fast though.
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