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Microcap & Penny Stocks : GIFS
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To: J Patrick who wrote (3354)4/2/1997 5:13:00 PM
From: Lee Solomon   of 8012
 
To All: Important (no name calling included)!

DO NOT LOAN YOUR SHARES OUT! The longs are starting to win.

After looking at the price action today I was just about to post that most likely there is no short position on GIFS but this sure changes that. Why else would someone want to borrow shares for 9 months? This MUST be a short covering. I'm supposed to have my shares by Monday of next week. So far I haven't gotten them. I wonder if someone is having trouble delivering them. I guess J. Patrick wants to borrow your shares so they can be delivered to me.

Please note that J. Patrick joined SI on March 28, 1997 and below is his only post. According to Jamie he does not have a profile on AOL. This person does not want to be found and he signed on to SI just for the purpose of borrowing GIFS shares.

J Patrick on Apr 2 1997 11:05AM EST said:
To any Gifers out there that are long term value investors. Collect a .25 cents per share premium up front and in cash. Enter into a 9 month borrow agreement your shares stay parked at a major brokerage house looking for no more than 60,000 shares would like only increments of 10,000 shares or higher. Good way to collect a premium now on your shares if your interested e-mail me at JP Sen@aol.com leave me your name and phone number.
Regards, J Patrick
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