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

To: TraderXx who wrote (3499)	10/4/1998 4:13:00 PM
From: Larry Abrams	Read Replies (1) \| Respond to of 18998

Is it possible that LBFC is down 20% only because of this thread? The facts: Sept 30 close: 9 1/4 on 91,500 shares Sept 30 after the close: Mr. Pink speaks Oct 1 close: 7 13/16 on 467,100 shares --15% drop Oct 2 close : 7 1/2 on 224,000 shares -- another 4 % drop I can find no other news that might affect this stock other than a post by Mr. Pink. Conclusion: When Mr. Pink speak, many people listen. Some sell short, but many more(lurkers)close out long positions.