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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (17941)3/31/1999 1:13:00 PM
From: Zeev Hed  Read Replies (2) of 18691
 
Roger, look at GARD, it went to $8 this morning, I got in on the opening on the strength of their news release this morning (and the indicated gap out), I am already out (they gave me a double and I took it). Then (stupid me, but lucky), proceeded to try and find some info. All I could find was from last June, no money on the books, 16 MM shares outstanding (who knows how many shares are outstanding today, they must have printed some to survive in the last 9 months, who knows, maybe even a floorless, they have connections with some outfits residing, you guessed, Island of Man), barely any sales, plenty of losses . I know you will enjoy this one.

Zeev
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