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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (1909)	9/20/1998 8:55:00 PM
From: lib	Respond to of 7247

nt for the week.

To: Tim Luke who wrote (1909)	9/20/1998 9:06:00 PM
From: Wowzer	Read Replies (2) \| Respond to of 7247

PSQL looks interesting to me as well. But what caused the drop from $16 to $8 in the last couple of days? I get real nervous when I buy stock that has been beaten down on huge volume with no news. Can someone at least tell me what the rumor is? Whoever recommended REXI I would be real careful. I know REXI is currently on the comeback trail up two and change since their auditors said everything was OK. Even though their accounting may be in accordance with GAAP, as a former Bank Examiner, it is extremely aggressive to say the least. If the economy slows down their loans will be the first to go and that appraised value they are currently accreting will disappear in a heartbeat. BTW did you notice who the auditors were (not exactly the big 6). Just be real careful with this one if you are playing with real money. Thanks for any info Rory