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Strategies & Market Trends : Resource America (REXI) -- Ignore unavailable to you. Want to Upgrade?


To: Doug Fir who wrote (159)10/8/1998 8:14:00 PM
From: david james  Read Replies (2) | Respond to of 220
 
This takeover offer appears so silly that it seems most likely that this was set up by the shorts to provide an opportunity to short at a higher level. Its a bit too obvious that it would be exposed. And it makes you wonder whether today's activity represented heavy short covering.



To: Doug Fir who wrote (159)10/9/1998 1:36:00 AM
From: PaperProphet  Respond to of 220
 
Radcliffe, Mitchell, and Weiss. A fax sent to REXI and probably a phone call to the press which briefly added 50% to the value of REXI stock for a total increase of 100 million dollars. Who says home based businesses aren't profitable?