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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Podsiadlik who wrote (4916)2/10/2009 11:51:58 AM
From: Bill Wexler  Respond to of 6370
 
But look at it this way...the daily volume was what...maybe 12,000 shares? My guess is that it's basically Bob, Joe and friends passing 1,000 share blocks around at ever-higher bids (not that I have to explain it to you).



To: Kevin Podsiadlik who wrote (4916)2/11/2009 4:49:51 PM
From: Perspective  Read Replies (1) | Respond to of 6370
 
Looks like they actually posted some income last quarter:

finance.yahoo.com

Of course, they weren't cash flow positive.

Where was that chunk of revenue from last quarter?

Is it worth a shot shorting them in your opinion?

`BC