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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (10660)	6/14/2001 10:28:40 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 19633

Gravity...agreed, the 2nd common here is... fraud. Simply see Chronimed today. Usually penny stocks are halted but this one?? Chronimed (CHMD) 9.35: Company discloses that overall revenue, earnings and receivables at its StatScript subsidiary have been overstated for the fiscal year 6/00 and qtr ended 3/01. Expects adjustments to be material. Company explained that problems in its StatScript retail computer accounting systems and procedures allowed certain prescriptions to be inadvertently recorded as revenue more than once. IDIOTS! -------- On another note, something at SEBL does not look kosher. I expect a severe dump to low 30s. I have bought MCRL (Micrel) 30er puts. Micrel looks as if it want to leave the 30s to the south quite pronto. Once a turd, always a turd.