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


To: JPM who wrote (3343)9/28/1998 6:55:00 PM
From: Mr. Pink  Read Replies (1) | Respond to of 18998
 
Congratulations to all Pinkophiles that were short FP.

Mr. Pink apologizes that it has been nearly a month since a Pink Pick has blown up. Hopefully this makes up for it

Mr. Pink is upgrading FP to T3/Flies based on price. Remember, Mr. Pink's statement that FP's rating of T5/F was a first ever rating for the best short that MR. Pink had ever seen. Hope all took advantage of the pig.

Mr. Pink has not yet covered but expects stock to drop to single digits. Nevertheless, with the stock down over 30% in one day, Mr. Pink advises taking a small profit and letting the rest ride.

Mr. Pink