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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.91+4.0%3:59 PM EST

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To: Serendipity who wrote (10694)3/9/2000 8:37:00 PM
From: Jon Koplik  Read Replies (1) of 29987
 
Stock loan availability is now an issue for GSTRF short sellers.

A friend told me that at the brokerage firm he deals with ... Globalstar has been added to the restricted list for new short selling (due to difficulty in borrowing shares to sell short).

Cannot wait to see all of the G* short sellers scramble when the world realizes that Globalstar has a high probability of success.

Just when G* is ascending rapidly, shorts will be told by their brokerage firms that they MUST cover their shorts, due to tight supply of loanable G* shares.

Jon.
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