Zia Sun(zsun) Message Board

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Microcap & Penny Stocks : Zia Sun(zsun)

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To: ST Trader who wrote (3726)	7/29/1999 7:02:00 PM
From: Francois Goelo	Read Replies (1) of 10354

ZSUN, VERY GOOD SIGN: Last 2 Trades After Hours ABOVE $12.00... which is better than expected considering the overall Market Conditions. I'll stick to my forecast that today's down draft was way overdone and that we should have a hefty (at least half) retracement tomorrow. From what I hear, the short position remains in the 2 Millions range and we should renew the call for all investors to take delivery of their CERTIFICATES. For each share that Fahnestock sells as a "naked short" and doesn't deliver, it receives payment for nothing! Therefore we have to continue and intensify the campaign to make the many investors lurking on this Board aware of the necessity of asking for and taking delivery of their Certificates. While Fahnestock keeps on the "offer" to try and control, even "walk down" the price, they also wriggle out of selling large parcels, confirming what a Trader with a large position posted. They won't service buy orders of say 10,000: they might only sell 500 and that's it. So, to force them to sell and increase their loses, the best strategy is to order small amounts (5000 or less) at the time and immediately request the Certificates... From a biased Long Investor in ZSUN... Regards, F. Goelo + + +

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