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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?

To: doubtit who wrote (5296)8/20/2001 8:41:36 AM
From: Deeber  Read Replies (1) | Respond to of 6873
 
Doubtit...thats not really the point here, the point is I wasnt sure about the position since this stock was screwed up from the start with the split, so I called to see what was going on. Since I was told I could sell and that is was definitely correct, I sold. Ive had strange things happen to me with BB stock splits before, so nothing was really out of the ordinary. One of the main points here is the TIMING...the mistake shoulda been caught sooner, and it wasnt. I coulda covered at no gain/loss right away, but it took them 2 damn weeks to realize it, which is too long to start correcting things like this.



To: doubtit who wrote (5296)8/20/2001 9:22:02 AM
From: Dominick  Respond to of 6873
 
doubit:

MHO was based on one side only. Naturally there are two sides to a case and it will depend on the lawyers presentation and evidence.

I forget how many times I, as a securities industry arb, thought a case was cut and dry only to have two public arbs,(there are normally three arbs, one from the industry and two public), rule otherwise.

Regards,

Dominick


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