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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (41262)3/16/2002 9:55:22 AM
From: Chispas  Read Replies (2) | Respond to of 99280
 
"The U.S. regulatory and judiciary systems, however, do little if anything to deter the most
damaging Wall Street crimes. <snip>"

More...http://www.fortune.com/indexw.jhtml?channel=artcol.jhtml&doc_id=206659

[Ork, ACF's audited financials (they do not use AA) are so opaque there is no chance of
their being caught BEFORE something happens. This is one case that could go on an on
just like Mr. Morris' Urcarco. IMHO]



To: orkrious who wrote (41262)3/17/2002 9:50:21 AM
From: LiPolymer  Read Replies (1) | Respond to of 99280
 
Short interest increased from 15MM to 25MM from mid-Jan through mid-Feb. The recent spike could have been fueled by a short squeeze, not the "fundamentals" based on the trick Feb numbers due to the short month. Wish we didn't have to wait another week to see mid-Mar short interest. Definitely one to watch, as these types of high-risk credit shell games crash hard and fast once the wheels start to come off. Thanks for the tip.