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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (626)7/11/1999 12:04:00 AM
From: ynot  Respond to of 1438
 
thank you for the detail Zeev, i don't short anything without doing dd, indeed after observing GMGC (one of my sector indicators) i would neither go short or long

i believe that the PR's appear to be used to allow discreet 'exits' and any short would have to hold for the length of time that any floorless is still of benefit to the floorless, possibly years

lets hope the BDE longs/shorts consider this carefully
ynot :)