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

To: drakes353 who wrote (1232)	6/23/1998 11:36:00 AM
From: Q.	Read Replies (1) \| Respond to of 2506

Drakes, DING, DONG, DING, DONG ... congrats on your success in sniffing out yet another stock that became successfully delisted. Guess somebody at NASD finally decided to quit napping at their desk and do something. They must have been amazed to see that while they had been sleeping they had a company that was filing no disclosure at all, not even an NT-10Q. Yep, no surprise they didn't put out a news release. Shows the personality of the co: SHSHE put out an exasperated sounding release, which basically said 'why me?' PAMCE was dignified and open about the whole thing. Good sports they are. EQMDE just says nothing. Which is apparently what it thinks of its shareholders, and of disclosure. I confess that Friday I covered EQMDE. Being already short one stock that isn't trading due to delisting (PAMCE), I was timid and decided to avoid being tied up into two such illiquid situations, since I have no experience in knowing how long it will last. Anyway, from 12 to 6 in a few weeks isn't a bad result for short selling, is it?