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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: NW_Trader who wrote (32888)	9/26/2002 3:53:31 PM
From: Mike Sawyer	Respond to of 59879

Pat and all, this week a couple of my long time SI buddies...Dave Hayes, Pete2 and another local friend, got together and had our "First Annual Trader PowWow" in Dallas. One of our topics of discussion was that we are going to see many of these tech stocks that are falling under 10 at this time...go below 5 before long. BRCD is one of them. I think that we will continue to see more and more stocks become non-marginable issues. And following that scenario I think we will begin to see a massive wave of reverse splits. No sooner does Dave head back for NJ and what happens...another company announces a reverse split and BRCD takes another massive dump. What to you think about this?