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


To: White Shoes who wrote (7765)4/24/1998 2:20:00 AM
From: Bill Wexler  Read Replies (1) | Respond to of 18691
 
KRY is indeed a fraud. But like many stock scams, the true believers will sometimes hang on or buy more...sometimes until the creditors come to padlock the doors; even then you may have some masochists who will continue buying the stock in the pink sheets hoping for a miracle resurrection. Consider that Zitel was a fairly obvious scam in late 1996 but it is only now starting to really unravel.

Patience is part of the game. I don't think Zonagen is worth more than 3 a share, but it will probably take a while before the last long admits that Vasomax is a sham.