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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: xcr600 who wrote (3335)10/2/1998 9:58:00 PM
From: Peter V  Read Replies (2) | Respond to of 4634
 
SRCM - did you ever get any notice? I got an ALTIF notice a week or so ago, but never got bought in, I'm fearful they might pull the plug at any moment.



To: xcr600 who wrote (3335)10/2/1998 10:00:00 PM
From: RockyBalboa  Respond to of 4634
 
Hmm, I also had SRCM and poured on their first runup over 9. Day before they went NS. Then I bought back some of them. I received no call in SRCM.

It was last week beginning from tue, when many people including me received buy-in letters but seemingly noone bought in. We speculated on the rogue stock lenders Datek had to resort to. You can find much on that topic also in the Datek thread here (the large one).

I received several buy-in messages, even on HEB where I already closed out my position before. There were reported buy-in letters in ALTIF,TRBD, HEB, SRCM and others, but I till you now I never heard of it before that it actually happened. Most of the people I know sat down and waited, or simply shorted more.

Beginning with KTEL and ENMD there were a lot of stocks not to lend at datek, remember the unholy NETG (I had established a short at 26!! only to receive a broken trade msg).

As always, tread lightly

C.



To: xcr600 who wrote (3335)10/3/1998 2:13:00 AM
From: peter michaelson  Read Replies (1) | Respond to of 4634
 
xcr600:

Re Datek buy-in, you said,

They claimed I was notified earlier this week, but I never received a darn thing. Any others?

I had 4986 shares of TTF bought in today, also with no notification received. They claimed an email was sent to me, but I did not receive.

Not a pleasant experience.

peter



To: xcr600 who wrote (3335)10/14/1998 1:47:00 PM
From: Peter V  Respond to of 4634
 
Anyone watching DTLN? It's been up 2 points so far.