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Gold/Mining/Energy : Solv Ex (SOLVD) -- Ignore unavailable to you. Want to Upgrade?

To: bigtoe who wrote (5242)12/29/1997 2:23:00 PM
From: David Coakley  Respond to of 6735
 
Good question Bigtoe. Must be convertible debt being converted or some behind the scenes deal being executed. Anyone else have an explanation?

Thanks for the Biz Week article JJB. I find the NASD attitude toward the problem (i.e. "it's not that big a problem..." unacceptable.

Happy New Year.

David



To: bigtoe who wrote (5242)12/29/1997 4:15:00 PM
From: norwalk hawk  Read Replies (1) | Respond to of 6735
 
Bigtoe- I don't know. I personally feel that it is still year end tax selling. If the price stays down after Thursday, I will be extremely disappointed. I hope this fire sale is about over.

Mike



To: bigtoe who wrote (5242)12/29/1997 4:34:00 PM
From: Sid Turtlman  Read Replies (2) | Respond to of 6735
 
Bigtoe: Sometimes at yearend you will see high volume and no movement in stocks because a lot of arranged trades are being made for tax purposes. For example, someone with a loss in a stock might sell the stock in their own name, and simultaneously buy it at the same price in their retirement plan. That way they can take the loss, but not entirely miss out if the stock pops up after tax loss selling season.


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