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


To: TradeOfTheDay who wrote (1341)7/2/1998 4:42:00 PM
From: Q.  Read Replies (1) | Respond to of 2506
 
thread ... OCOM has broken down so badly now that it seems likely to me to be terminal, yet the stock is still shortable.

Here's a chart:
tscn.com

Here's the news that did them in:
biz.yahoo.com

The $2.5 M financing deal referred to is surely a discounted convertible, and it appears to me to be too little, too late.

Here are my comments from the OCOM thread:
Message 5087820