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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

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To: JBMorrow who wrote (224)2/28/1997 9:23:00 AM
From: Steven Messina,L.M.T.   of 1028
 
Re: KNIC Short's

I agree entirely with the last posted statement by "Jimi Tee" from the AOL board. Although I do not have AOL and am not at liberty to access the thread, it is pretty evident that the short covering DID NOT occur on the open market. The amount of shares held short in the float MUST be higher than a mere 3%. I am not aware of how the Wall Street Journal formats the percentage of short position in a particular security. Do they post what's being held short on the open market, by the general public........or do they also include the private institutions as well?

This thread is dying and we need some new information.....perhaps transferred from the AOL board if necessary. For those with access to the AOL thread, please have some of the thread members post here on Silicon Investor......or at least make it known that there is a thread here open to discussion on KNIC/Pure Energy.

Regards,

Steve
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