DAVID SIRK's VALUE MOMENTUM PLAYS Message Board

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Microcap & Penny Stocks : DAVID SIRK's VALUE MOMENTUM PLAYS

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To: David Sirk who wrote (3997)	7/8/1999 4:36:00 PM
From: ISOMAN	Read Replies (1) of 4828

I admitted that I would never short anything under a $1 and usually never under $2. Secondly. Once a floorless debenture or floorless convertable Preferred is issued , it is irrelevant what they are using the money for. The issuer of the debentures will simply short $4 million worth of stock. When the stock drops more, they will be able to short more with the profits from the first short. This is why it is called a death spiral. Thirdly. If I was shorting CLVE, do you really think I would announce that the Prefereds were a kiss of death??? Course not, I would let you pump it so I could short sell forever. Get a grip, stop being paranoid. Read up on Debentures tonight, and learn something for a change. The only difference between you and other newbies, is that you have a big mouth. I could care less if you lose all of your money, it all the people you will suck in to these crap investments that I hope to help avoid the loss.

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