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Microcap & Penny Stocks : ABTX - Agribiotech
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To: drakes353 who wrote (7481)2/11/1999 2:02:00 PM
From: Sir Auric Goldfinger  Read Replies (1) of 8359
 
From HerbontheStreet.com's column today:"Short Positions Day traders trounced?: Just a thought, but wouldn't it be interesting if a big part of the market's murkiness in recent days was the result,in part, of day traders' getting caught holding the bag with the likes of Network Solutions (NSOL:Nasdaq)? What if they were heavily leveraged and bought it, expecting to flip it above the offering price of 170, only to watch it sink to 148? Again, just a -- ahem -- thought.

* The name game: Here's Blue Rhino (RINO:Nasdaq), the topic of plenty of Wall Street controversy, disclosing earlier this week that it'll have to restate its earnings. And there's AgriBioTech (ABTX:Nasdaq), the subject of an equal amount of controversy. What do they have in common? Blue Rhino's CEO goes by the first name "Billy" and AgriBioTech's CEO goes by the name "Johnny."
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