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


To: Peter V who wrote (4340)2/3/1999 1:12:00 PM
From: Alan Newman  Respond to of 4634
 
Interesting article in the TheStreet.com about short covering in the biotechs:
thestreet.com

Certainly, ZONA has benefited. :-(

Alan



To: Peter V who wrote (4340)2/3/1999 5:25:00 PM
From: Bill Wexler  Respond to of 4634
 
Their press release basically admits that their Titanium mine is worthless - just like their fraudulent "centrifugal jig". Whenever you see a scam company issue a press release about retaining outside help to sell themselves or an asset the first thing that should be doing is calling every broker in town to see if you can find more shares to borrow.

ALTIF will eventually go to zero. Disciplined and patient short sellers should use this as an opportunity to short more.