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


To: Daniel Miller who wrote (1248)6/27/1998 6:14:00 PM
From: funk  Respond to of 4634
 
I have a friend, who is older and wiser, I talk to him often. He was short a stock, the company filed for bankruptcy protection, the news came out on a friday. All weekend he counted his chickens.

This was many years ago, come to find out the company had been carrying a piece of property on the books for decades with out ever appraising its worth. Monday the stock soared, the property was in Manhattan, and my friend lost his shirt.

So anything is possible, and nothing is ever for sure until its over.

I think I watched Mr. Dwexler getting in short on thursday. I didn't stare all day, but I saw the ECN island on the offer most of the morning with a large size showing.

I will be watching TAVA on monday, should be good fun for all parties involved. Especially the Market Makers.

Every one has to sell some time.

Some like to sell first and buy later.

What's the big deal?

(c:

funk