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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (339)	3/18/1999 9:00:00 AM
From: Mama Bear	Respond to of 1438

Christian, yes, I saw what happened with ICCAC today. It is not often that a stock in which I hold no position can cause emotions like ICCSA has for me. First, severe disappointment in not shorting it at 7 2 days before delisting, next near elation because I hadn't shorted it at 7 2 days before delisting. <g> I read some months ago that the Nasdaq intended to get serious about it's listing standards. If you recall, that's why SIEB did it's 5:1 split. But a couple of incident suggest to me that it's business as usual on the Nasdaq for allowing almost any company to keep it's listing. I will probably see if I can borrow some ICCAC when it becomes marginable at my broker. Barb