Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (7149)	11/18/1997 1:19:00 PM
From: tech	Read Replies (1) \| Respond to of 9285

Short BGL. Brooke Group posted earnings yesterday of negative $.87 a share. Their revenues were down 12%. They are losing customers, and are currently in several serious litigations. They are the defendant in all of them....meaning they are the ones being sued and no money is coming their way if they win. According to Yahoo, they have been selling assets left and right, possibly considering liquidation. Their assests would yield about $3 a share, so that is at best what these share prices should be. This has had a mysterious run-up as of late on very light volume. It looks as though it peaked two or three days ago, and now it's falling.