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


To: Bob Trocchi who wrote (8157)5/1/1998 10:01:00 PM
From: Mike Farrar  Read Replies (2) | Respond to of 18691
 
KTEL

Has anybody tried to do any research here ? First Call and Zacks has
no info. about it. No analyst's cover it as far as I can tell. The float is
only 900,000 shares, so how in the hell can it trade 12 million shares
in one day. What a farce. How can you miss earnings if no one covers
you with an earnings estimate. Shorting this stock is just pure ignorance.
The SEC needs to see how a stock with so few shares can trade so
many in one day. There is major manipulation going on here, and
I personally think that the CEO was put up to this by a bunch of
greedy buddies and or brokers. This just makes me sick to see these
abuses go on and nobody seems to want to look into it. This stock is
a joke, but leave it alone shorts. They will get investigated soon, then
let the shorting begin.