NP Energy Cp New Message Board

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Gold/Mining/Energy : NP Energy Cp New

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To: RV who wrote (2808)	4/18/1997 3:20:00 PM
From: Dave Atkinson	of 22810

Hi RV and others with the same question about the short. This is not a short like the one that you refer to in your post. It's a short were the MM's have sold the stock short, or over sold the number of shares that they have to sell. This can be done by putting 3 X the face value/share in $ in a holding account. Lets say you are a MM and, you have sold more shares then you own. Lets say 1 mill shares over, and each share is worth $1. The first thing you have to do is put 3 mill in a trust/bank account. The next thing you would have to do is to make sure the price of the stock stays down. Just think, for every $1 the stock goes up, you would have to put 3mil in the holding account. The Last I knew this stock was over sold by about 2 mil. So, can you see why there is such a big push by someone? to keep the price of this stock low? Now over selling a stock can be worth lots of money. Just over selling a stock by 1 mil shares can be worth 200,000 on just a $0.02 spread. just one way. I hope this helps you understand what we have been talking about when people speak of the short thing. sorry about your day so far. It will get better really. hang on the price will someday go up. Dave At

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