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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (2878)	2/12/1998 9:08:00 PM
From: Rashley	Read Replies (3) \| Respond to of 18691

Re: WDRY I recall someone mentioning something about a "Green Shoe", regarding an underwriter's ability to support the stock price for a time. I have no idea what a Green Shoe is, but I recall that the time period was 90 days and that time will be up on Mar. 18. I think the support level mentioned for the stock was 23 1/2, which was the price of the secondary. I've had this in the back of my mind since Pancho's terrific illustration of WDRY 2 months ago. I'm going to wait for a couple more weeks before shorting...