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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Tom Hua who wrote (17590)3/2/1999 3:52:00 PM
From: Steve Fancy  Read Replies (2) of 18691
 
Tom, 2 issues strike me as odd regarding the PDX short. One, it appears largely owned by institutions. A couple data services I checked seem to suggest over 95%. Yet, very few block trades. Seems institutions aren't selling...they don't buy this short scenario? Two, doesn't appear to have been any insider selling since last fall, and slim then if memory serves. If they knew they were running into trouble wouldn't you expect at least some insider selling.

Thanks for your time.

sf
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