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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: jjs64 who wrote (2419)7/11/1999 1:51:00 AM
From: afrayem onigwecher  Read Replies (1) of 2506
 
FSCO in Sheep clothing in SNMM - STARNET COMMS INTL INC

Watch the trading activity by the FSCO ... FAHN on a daily basis. It is almost comical. Push, push, push the stock down............ try to buy, buy , buy the stock back.

It looks like desperation to me. Don't get me wrong, the volatility lines my pockets with money, however, there are no real shares being traded. The past two weeks over 15 million shares have exchanged hands. Give me a break.

................ are utilizing the oldest trick in the book. Lets see, how to make yourself invisible 101, or should I say how do I cover my short 101. Should I use a wholesaler MASH .HRZG. SHWD for instance? Please, it is embarassing.

The next thing you know..... will try and get some of their other boys on the stock. You know, spread something on the rumor mill that all sorts of stock will flood the market. Oops, they have already done that.

It is not hard to make money on these guys. ........ shorts the stock, the market makers get out of the way, forcing the stock down. The whole time, ................... will float bids to squeeze out 1/8, 1/4, etc. But, what is being accomplished here.
....................... sells 10,000 to try and buy back 120,000. From my calculations, it will take a while to make a living doing that.

This is not the first company the short's have manipulated. ............ consider themselves the Aardvark who eats ants, just ask them. Anyway, I look forward for the stories to come, I'm sure they will be good ones. By the way, I wonder if they followed the recent spike in IHWI.....XDSL.....I guess not.
As I would say "Fare the well!"
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