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Gold/Mining/Energy : Solv Ex (SOLVD)
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To: David Coakley who wrote (2671)5/2/1997 11:29:00 AM
From: 993racer   of 6735
 
>>>>> My comment is based on the fact that the shorts can hold the SOLV "ball under water" for only so much longer and when they get their enormous weight off of it the rise to it's real value, and temporarily beyond, will be extremely fast just like a ball that's being held under water.<<<<<<

I keep on reading about how shorts are keeping SOLV down?
Ask any knowledgable market professional, when there is alot of shorting in a stock, such as SOLV where there is almost nothing to borrow, and constant buy-ins...it is the shorts who HOLD UP the stock. ValuJet was a famous case in point. After the crash and the temp shutdown of the airline, there was an immense short squeeze that drove the stock up more than 75%.

The only thing that seems to hold up SOLV (besides BOB) is short squeeze and some alleged manipulation by MM's & Reg S & D investors..

Please explain to me how a short sale holds down a stock.

Thanks,
racer
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