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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (17545)2/23/1999 7:52:00 PM
From: Dante Sinferno  Read Replies (1) | Respond to of 18691
 
<<And it had some immediate effect. >>

Yeah , and I've spent the last couple of hours to try and
get a flavor of what the effect will be over the next couple
of days / weeks ?
So far , can't seem to find any that traded at this level when
the news was handed down. Seems like the shareholders
get bled slowly well in advance of actual delisting , so I'm
left still wondering...why not here ?

rob



To: RockyBalboa who wrote (17545)2/23/1999 10:52:00 PM
From: Don Westermeyer  Respond to of 18691
 
Thanks. And it had some immediate effect.
ICCSA @6 (-2 3/8)


Real investors hate stocks the move the the BB market.

Sometimes that actually creates a good buying opportunity (rarely).

For instance QDEK was begin bought out for $0.52 cash. It was also in the process of being delisted and when it did the stock crashed to $0.45, even though 6 weeks later the deal was completed. I can't really understand it.

Sure wish I had been paying enough attention to this thread to short ICCSA - it looks like it was pretty easy money as far as shorting stocks go.