TSIG.com TIGI (formerly TSIG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Suzanne Newsome who wrote (32226)	7/7/1999
From: Zeev Hed	Read Replies (3) of 44908

Suzanne and Tom, all I can do to respond to the question whether LeShufy can or cannot short, is cite an historical case, where the President of the company (CAFE) held more than 70% or so of the floorless (the rest with other members of his family), and it was quite evident that he did indeed short, so much that the stock dropped from around a buck or so to a penny and then underwent a 100 reverse split. He was on the board and an Officer. He might have broken few laws in the process, I do not know, and I am always careful of accusing these corporate types of criminal malfeasance (no doubt in my mind that there was moral malfeasance), since that would require too much in depth research and proofs. Somehow, they manage to do it, if they so want to. If Leshufy is "benevolent", why not agree to removing the floorless feature and get in exchange of this a ceiling (so he does not run the risk of having to convert at $3/share as Gordon so maliciously tried to persuade everyone in a news release is such a highly probable event). Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next