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


To: Alastair McIntosh who wrote (1174)6/24/1998 5:29:00 PM
From: Bill Wexler  Respond to of 4634
 
It might make a valiant attempt at a burp up - but it will be next to impossible to generate a squeeze in TAVA, there is A LOT of paper out there and the company and its creditors are not shy about selling more stock - so IMO any short above 5 is a good short in TAVA. Remember, if the price falls to 4 a share, the market cap will still be an astounding $100,000,000. Nice thing about shorting these type of companies with a generous float, you can hang on to your position for years and never take the tax hit by covering.



To: Alastair McIntosh who wrote (1174)6/24/1998 6:56:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
The two "analysts" who follow TAVA are prediciting a profit of 0.07 a share this quarter. I should note that in the preceding two quarters, TAVA disappointed by at least -50%.

Anyone care to take a stab at what the real number will be? (My guess: -0.01 to 0.01 a share).