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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Daniel Chisholm who wrote (2309)5/17/1999 7:47:00 PM
From: Q.  Read Replies (1) of 2506
 
SACM is acting up on no news.

Huge volume of 2.3 M shares traded today. That's nearly all of the 3.4 M float. Stock whipped up to over 3, the highest the stock has been in many months, then eventually closed down.

I don't know what's going on. pum & dump exacerbated by daytrading?

They still haven't filed the 10Q that is due today. That should give any news on the delisting, etc.
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