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Strategies & Market Trends : DD'S Cellar Dweller Stock Watch

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To: Junglejim who wrote (276)5/20/1999 2:22:00 PM
From: JEM  Read Replies (1) of 598
 
PFG - Been watching this one for a while, just got in.

biz.yahoo.com

A large, beat-up NYSE insurance holding co. In trouble, crappy financials, could go belly-up any time...my favorite kind of bottom-feeding. <g>

Low has been in .40's, currently trading in the .50's...was trading last year for $20+. Currently selling off pieces of itself to raise cash and pay debt.

Downside is the float is apparently about 15 million.

Play at your own risk!

*JEM*
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