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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Glass House who wrote (3185)2/10/1999 4:08:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Glass, I think it will take more than a few days for RFGI to see 5. If you look at SIEB, this one is following in a similar manner. I think it could pass 20 tomorrow, based on the float. And also like SIEB, I think it will hold its value far longer than anyone had ever thought possible.

SIEB is still at 27. And JBOH is still over 9.

Now of course, I don't think ANY of them are accurately valued and probably deserve to be shorted. And in that case, I agree with you.
But the last stock I would EVER want to short, is one with UNDER 1 million shares in the float and 10 times the float in the daily volume. That is like Russian roulette.

All in all, I agree with you.

Rande Is