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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Cosmo Daisey who wrote (2188)8/26/1998 3:20:00 PM
From: Phil(bullrider)  Respond to of 18998
 
To all,

Mr. Pink strikes again.

REXI is down over $3.00 since I shorted it this morning.

Here's hoping for another SRCM.

Phil



To: Cosmo Daisey who wrote (2188)8/26/1998 4:40:00 PM
From: DavidD  Respond to of 18998
 
<<"""Also, what's to stop any company, even REXI, from issuing a 50% stock dividend to make the shorts suffer""
It wouldn't make any difference.>>

When Presstek did it a couple of years ago it caused a HUGE short squeeze... and EVERYBODY new their financials were whack! Just asking why it can't, or shouldn't, happen again.

This is a good general question for all short situations, and I'd like to know what a pro has to say...