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Non-Tech : Cendant Corporation (NYSE:CD) -- Ignore unavailable to you. Want to Upgrade?


To: Roy F who wrote (1514)8/12/1998 12:39:00 PM
From: Roger B Finlen  Read Replies (1) | Respond to of 3627
 
I tell ya...........
What i can't figure is with the first sell off, 850 million shares were exchanged at between 24/14, then the true extent of the fraud was discovered and the shares when to 14 and back to 16. I can't figure, with about 10 million shares a day trading, who the hell are the sellers, where is the selling coming from, shorts ??? If so, they will have to buy back, and i would like to know what they know - that i don't know !!!!!
I know the CD.I trade as a function of the common, but who is selling the common ???? It seems to my after this time all shares are finally in stronger hands, at these lower prices, so who is selling. this i hadn't figured.