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[sharechat] Spectrum

From:	"Patricia Troup" <troupie@ihug.co.nz>
Date:	Wed, 29 Mar 2000 20:19:01 +1200

Why did DFMainland start dumping SPE over the past few days?. It's their stock isn't it.

Maybe they have a "Short strategy" and are looking to insure the covering price is attractive, prior to the rights issue. They do some weird stuff in other stocks like AQL. eg dump the stock down to 12.5 and then buy it back up to 14.3.

Bought some Beautydirect today at 24, maybe this is a bit adventurous, but what the hell.

Anyone noticed Renaissance sneeking up after a dumping down to 50.? Why?

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