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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Ashley800 who wrote (7763)4/17/1999 9:58:00 PM
From: Ashley800  Read Replies (3) | Respond to of 18998
 
As a follow up question, is your feeling the same for the back door IPO plays such as NAVR, BNYN, IDTC, BKS, ect.? Don't you think they will still run since every internet IPO is so strong?



To: Ashley800 who wrote (7763)4/18/1999 7:29:00 AM
From: Mr. Pink  Read Replies (1) | Respond to of 18998
 
Mr. Pink has a substantial short position in one of the names you mentioned. At some point (soon) there will be no hot aftermarket for an internut IPO and then you can look out below for the imbedded ipo stories.....Look He is not saying that it is ending tomorrow, you just don't have the follow thru. Look at the chart of FBG after announcing its companies' internet stategy. One day surge and then a drop....This will happen more and more.

You should be short NSOL, a turd of a company if there ever was one.

Mr. Pink