Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: xcr600 who wrote (377)	4/2/1999 6:20:00 AM
From: RockyBalboa	Read Replies (1) of 1438

GMGC... this is a real dog. In January it briefly hit 8 at a point, but the lights went out with the bad news on 03-11-1999 and it fell briefly beyond 3. A very reliable short. Everytime it went up to 7 and "howled" churned, it dipped quickly the other days. Chart is downward skewed by the ongoing heavy selling. At least, there was a "bounce", which is not true for most of the nyse stocks. You think, they pumup it up once more? C.

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