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Technology Stocks : Globalstar Memorial Day Massacre

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To: A.L. Reagan who wrote (93)5/11/2000 6:33:00 PM
From: Maurice Winn  Read Replies (2) of 543
 
Another legal opinion from the 'good' stream: <To: Maurice Winn who started this subject
From: Michael Allard Thursday, May 11, 2000 9:24 AM ET
Reply # of 12618

Nice work Maurice! Just to clarify, this is not stock manipulation in the event none of us sell on the move. We are simply taking our shares out of the shorts hands, and forcing them to buy. As Maurice pointed out, this simply reverses the artificial negative pressure on the stock, and should return it to its natural level (whatever that is!).
I know a lot of GSTRF investors who I know will join us. Together they represent probably around 200K - 300K shares.

Memorial Day Masacre here we come!!!

Good Luck to all!
>

Since the WSJ seems to be the main promoter of moving stock to a cash account, I wonder if they have been raided yet to check for more manipulative behaviour [oops, a dead giveaway there that I am not in the USA] and perhaps illegal trading in Globalstar stock by members or associated parties of WSJ. By the way, is there a link to their 'short busters club'?

Do they normally write stuff to hurt investors? They did in their attack on Jacobs' Patter [note the cool apostrophe].

Mqurice
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