Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Don Westermeyer who wrote (761)	4/29/1998 4:30:00 PM
From: F. Jay Abella, III	Respond to of 4634

Bill: Great thread. Two guaranteed harbingers of doom in biotech 1) S-3 filings of "selling securityholders" in which stock is laundered (no better word for it) from one group of owners to a new set of retail hands. That's how one usually ends up with your criteria for a zealous message board following. Sources for these ideas - Buyside magazine, NationsBank Montgomery Securities, BA Robertson Stephens, etc. Where there's stock to be sold or a deal to be made, these guys rarely miss an opportunity to put out "strong buys." 2) Reg D or S deals in which an in the money warrant is given to subscribers. The stock many times has a way of gravitating to the price of the warrant. Amazing how that happens