LUMM - Lumenon Innovative Lightwave Technology Inc. Message Board

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Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc.

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To: Hawaii60 who wrote (1278)	12/14/1999 1:53:00 PM
From: the Chief	of 2484

I don't think you are informing us of anything that is not known. Short sellers do this for a living. LUMMs MOMO at 40+ was tenuous and the "short seller" took advantage of that. By the end of the day, the selloff will be a blip on the horizon. The reason the stock went down yesterday was their clients were heavily shorting. Absolutely, in preperation for the NR the company pre-positioned its clients...happens all the time. Crystallex comes to mind...they worked that one well, they are not doing so well today <ggg. ' the Chief

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