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


To: RockyBalboa who wrote (356)3/19/1999 12:05:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 1438
 
Fortunately for us the NASDAQ listing makes ICCAC easier to short. Probably the same for the convertible holders. Yesterday I saw one MM come in with 4300 shares on the Ask, the first time that much size had appeared. That quickly knocked the price down from 11 3/8.

I think we will see more of that today. If not, I will short more in gradual steps up.

I haven't seen any news at all.