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


To: Ploni who wrote (3093)2/17/1998 3:48:00 PM
From: Rylan  Respond to of 18691
 
Charles,

Here's something interesting
biz.yahoo.com

Best,

Rylan



To: Ploni who wrote (3093)2/17/1998 6:49:00 PM
From: Don Westermeyer  Respond to of 18691
 
Charles,

Nothing fishy about SIEB from what I can tell. The split really should be non-issue as it was only done to satisfy SEC regulations.

I'd be cautious shorting it though, there are only 100k shares in the float. That can get squeezed pretty easy!

I don't think anyone can tell you why it when up 100%+ on such news except in this market people buy on splits and sell on earnings. Go figure!