Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Chisholm who wrote (2461)	5/28/2000 5:56:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 2506

D.C. I followed the corel situation for awhile. My opinions on it: When the investor wants to hedge out and quickly close the deal, he can sell at whatever price he can get. But when he believes in the viability of CORL, then maybe a good portion of the equity remains unhedged, to be sold later when the price recovers. A depressed price is used to mitigate some risks as the true discount is way bigger than 10% In the latter case, the 3rd and 4th day looks interesting for buying with respect to the artificially depressed stock price, a practise which preceeded many private fixed rate placements during the last year. I concede that, in any case, CORL looks everything but cheap even at $3.