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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (48965)8/16/2000 4:30:32 PM
From: arno  Respond to of 63513
 
Cool!! You twisted my arm.

Jamaica here I come!!



To: Jorj X Mckie who wrote (48965)8/16/2000 5:16:07 PM
From: Junkyardawg  Read Replies (1) | Respond to of 63513
 
Tom
Discussion: I have been doing a lot of reading for several days all over the internet on RMBS. First let me say that my options are worthless now and I made the worst trade I have ever made. I had a several thousand dollar gain and turned it into a loss. That is one mistake a trader should never ever ever make.
Now, my thoughts....I love RMBS but man there are some heavy hitters after that stock. I mean some big time players and I am of the opinion that they have hired a team of shorts to literally tear this stock apart. I have never seen a short attack on a stock like I am seeing on RMBS.
With that said I think it is going to take an act of God to move this stock price. The short interest (in my opinion) is made up of some very deep pockets and they will not get shaken out. It would take the news of a lifetime to shake these shorts. This leads me to believe (again opinion only) that the short interest "may" be backed by some of these companies that are threatening to sue RMBS.

That's my thoughts and I guess you can call it a conspiracy theory but that is how I feel about it. I love RMBS but will they ever be able to get this stock moving??????

dawg