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


To: Mr. Pink who wrote (8451)5/12/1999 11:52:00 AM
From: Jay Fisk  Read Replies (2) | Respond to of 18998
 
PAMC ?

The Setup: Take the shell of a non-profitable insurance company, announce the usual "exclusive marketing" deals with AOL CNET LYCOS etc, via paid analyst "coverage" as the Chairman (majority owner) unloads into the "news" during a runup from 3 to 6 to 34

The refreshingly revealing SEC filings indicate major dilution and more classes of stock and converts than rationally required. A creatively complex puzzle.

Earnings rumored Friday.
Lots of delusional longs.
Minimal short presence.

Opinions ?




To: Mr. Pink who wrote (8451)5/12/1999 4:41:00 PM
From: TRIIBoy  Read Replies (1) | Respond to of 18998
 
Any thoughts on PDX's rise from the dead? Do you still recommend shorting them?