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


To: Ploni who wrote (4944)3/13/1998 3:21:00 PM
From: Oeconomicus  Respond to of 18691
 
IBUY - dangerous I agree. Sure sounds like a penny stock, eh?

BTW, CNBC is talking about it now. Reporting that Chatfield Dean says it's worth $5.

Bob



To: Ploni who wrote (4944)3/13/1998 3:28:00 PM
From: Tom Hua  Read Replies (2) | Respond to of 18691
 
RE: IBUY

Charles, I have been digging on IBUY for several days now. It's an excellent short, but stock is highly manipulated by Waldron. Waldron has cornered >90% of the float. So be prepared for the turbulence. Ultimately this should be in single digits. Unfortunately, as it's a BB stock, it's not shortable (at Dreyfus). Can anyone check for availability at other brokerage houses? There's an article yesterday about IBUY on msnbc.com. Very interesting stuff.

Regards,

Tom