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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Claude Cormier who wrote (2694)6/29/1999 10:13:00 PM
From: Mark Bartlett  Read Replies (1) of 4504
 
Claude,

I think we have 1 short with a split personality - or two very nervous shorts. They are underwater at the present - I would be willing to guess.

They are nervous, because shorts tend to let the market do their speaking .... they only get talkative when they are in a jam - if they are short and sure of their position, the higher the stock goes, the more they can short, and the more they will make.

But here we have a stock, that thus far has remained quite solid. Something a short would not like ..... and there is the potential for news coming out real soon - it might be good news and then they will be further underwater, or forced to cover - for a loss.

One is even starting to ask the same questions over again, starting to imply that experienced management are incompetent ..... IMO, starting to sweat.

I could be wrong ..... but I bet I'm pretty close to the truth.

MB
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