LBRT - Liberate Message Board

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Technology Stocks : LBRT - Liberate

LBRT 15.27

-5.6%

Nov 13 3:59 PM EST

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To: pat mudge who wrote (178)	4/2/2000 12:42:00 AM
From: I. N. Vester	Read Replies (1) of 409

LBRT was victim of a hedge fund short attack friday pm. this was the 2nd stock of mine this week which got hit by similar tactics. Bear Sterns hit Valence (vlnc) with a massive short attack on wednesday. They are in a deal with lawyers for shareholders lawsuit and were hedging against 950,000 shares. Check the yahoo lbrt thread - WIND (LBRT partner), AFCI, PWAV, RSAS also dropped 10% suddenly from 3:30 friday. I'm sure that a hedge fund had some kind of bet (eg against a fund which holds them) based on 1st quarter results, and had enough money in it to launch a short attack in the last 1/2 hour of trading Friday. this may sound crazy but it happens. check posts on vlnc thread on SI (eg. rwolf, p klemencic). about the short attack on vlnc. we know this is what happened. re my reason for conclusion on lbrt, it's too much to be coincidence. also no coincidence it was 3/31. Compare the action on friday for the stocks mentioned above using bigcharts. this is no coincidence - very clear evidence of a coordinated short attack against these stocks. somebody made a lot of money by doing this.

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