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


To: Mr. Pink who wrote (3091)9/18/1998 10:10:00 AM
From: PaperChase  Read Replies (1) | Respond to of 18998
 
Thanks for the link Mr. Pink on FP. I missed the short action on this turd stock on the last fall but will not miss it again. Hopefully the silly bulls will run it up the flag pole one last time.



To: Mr. Pink who wrote (3091)9/18/1998 10:11:00 AM
From: TRIIBoy  Respond to of 18998
 
I'm sure companies such as GE love to get entangled in a web of lawsuits, conversations with attorney generals, etc. And while they deal with those people I'm sure they love trying to figure out why they just bought a company that needs to do securitization, right when the securitization market goes to hell.

Wow, the longs case just makes perfect sense to me...



To: Mr. Pink who wrote (3091)9/18/1998 11:10:00 AM
From: Cube  Read Replies (1) | Respond to of 18998
 
Mr. Pink

Great article. The "business" FP is in reminds me of the classic pyramid scheme. Think of it, this is not MSFT where you are selling world class software and upgrading them. Not LU where you are re-inventing telecommunications all the time. This is an outfit that has to resort to near fraud and telephone solicitation just to sell their product. A product, that almost by definition, means that the person that needs it probably can't afford to pay for it. And what happens when this pyramid collapses, i.e., what happens when you've reached all the customers that would fall for such a sh!tty product? After they default, will you try to sell them an upgrade? Will you try and re-invent another even worse product? How can you expect to grow this kind of business over the long term? Answer, there IS no long term. These guys are in the business of running the stock up and getting out before the shorts find them. I am short at 27, and if it gets back there, I will add to the short. If FP is bought, I will short the hell out of whoever buys them. This pyramid is going down.

Cube



To: Mr. Pink who wrote (3091)9/18/1998 11:49:00 AM
From: Mama Bear  Read Replies (5) | Respond to of 18998
 
Mr. Pink, it looks like HEB is the newest stock to draw attention because of Asensio. The CEO (Carter) has blamed him for the downfall, and accused him of all the standard evils including naked short selling.
From Herb G's column today:

"Carter: "[Asensio] knows nothing about the drug industry at all. He doesn't understand treatment protocol and is attacking the stock purely on the basis of the pure quantitative performance it has had in the past several months. That's the sole basis on which this company came up on his radar screen. We've never had a call from him or an analyst from his firm....He sounds like a desperate short-seller who has seen the light of day." "

thestreet.com

I took a small short position at 8 9/16.

Barb



To: Mr. Pink who wrote (3091)9/18/1998 2:02:00 PM
From: TraderXx  Read Replies (1) | Respond to of 18998
 
Mr Pink...would be interested in you evaluation of ENVY as a short prospect. Your rating?

Thanks for the help



To: Mr. Pink who wrote (3091)9/18/1998 10:02:00 PM
From: advinfo  Respond to of 18998
 
Wow, can't believe Joyner was even trying to skate on paying
people minimum wage. That article made him sound like a
paranoid, crooked grease ball, LOL!