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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Dante Sinferno who wrote (895)2/27/1998 6:49:00 PM
From: taxikid  Read Replies (1) | Respond to of 2506
 
that someone actually would be an entity, whether a MM or pump and dump firm, or a arbit group.
obviously they sell off the blocks in smaller pieces, into the strength of the "share whirlpool" they have created, the whirlpool often lasts after the it's creator stops increasing it's strength,
in this case it could be the insiders who apparently have enough cash and faith that they put their money into the debentures.
zitl is a money losing company that has large short interest and reg s converts...
many thought that this stock was going to go to 0..
it will but not so quickly..
taxi