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Non-Tech : USAB - USABancShares.com -- Ignore unavailable to you. Want to Upgrade?


To: makin_dough99 who wrote (85)4/17/1999 11:44:00 PM
From: WaveSeeker  Respond to of 2419
 
It seemed that SDLR was shorting a bunch at 10 7/8 earlier in the day and then before they could buy it all back, the ECNs came in with some big orders. SDLR spent the rest of the day leap-frogging over these people to buy it back.



To: makin_dough99 who wrote (85)4/17/1999 11:47:00 PM
From: Triffin  Respond to of 2419
 
In the short-run its anybody's guess
where this one goes and with such a small
float the swings in percentage terms are
going to be big so I suspect that both nimble
longs and shorts will make $$ off this
one .. but when the dust settles and
everyone moves on to other 'game' the
potential of USAB's stated business plan
will IMO justify a MCAP of about 25% of
assets or somewhere in the low $20's ..
then management must execute the plan ..
I think anyone who bought on Friday with the
intention of holding for more than 2 days will
do alright ..

Jim in CT ..