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Technology Stocks : Globalstar Memorial Day Massacre

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To: Clean who wrote (226)5/25/2000 8:48:00 PM
From: Maurice Winn  Read Replies (2) of 543
 
Look, this is getting out of control. Dehypothecation is spreading across cyberspace like pixie-dust and will turn the whole stock-market around.
Subject 34726

I have to say I did NOT start it. I'd never heard of dehypothecation and I bet nearly everyone else hadn't either.

All I did was start a stream trickling down the SI valley and there seems to have been a bit of growth in the flow rate, with a bit of flooding over into Q! and now AT&T. But we should always remember than fundamentals are what drives a stock in the long run and many stocks will have high short interest for a very good reason - they are going broke and some can see it [or think they can].

I just got the idea from a nameless one and passed it on and provided a forum for others to discuss it without contaminating the G! fundamental discussion where we berate Service Providers for uselessness. Silicon Investor and WSJ.com actually provided the forum. I just ranted. Oh yes, and set a date, Memorial Day, on which people probably have figured out they can't dehypothecate since the markets are closed. You'll just have to think for yourselves in an open, fair, informed, free and unbiased market without manipulation or other artificial price constraint.

Others figured it's a good idea and today, Globalstar and Loral were lonely green figures in an ocean of red. Poor, suffering, hurt investors, as Carrie Lee of WSJ.com called them, who are miserable because their shares did NOT go down in price today.

Now, we just need a bit of Q! dehypothecation tomorrow and next week and a continuation of the G! dehypothecation and the world will be a happy place again. Single-handedly, SI investors and readers of WSJ and SI can turn the stock-market around. Well, that's not actually single-handedly is it, but you know what I mean.

I'm sure most people prefer the Wealth Effect to the Poverty Effect which leads to the Black Hole Effect from which there is NO return.

Mqurice

PS: If anyone wants somebody to blame for this huge hurting of investors in Globalstar not going down with the rest today, blame AJMullen who I assert is NOT me, though he claims to be or pretended to be. He told me it seems perfectly legal to do this. Indeed, it was he who started the idea of streams! I hope he is suffering guilt. Blame Valueman too. Don't forget to blame that quintessential market manipulator Michael Allard too. Oh yes, you skulking lurkers too, who sent me PMs of a very manipulative nature ... feel the guilt.

Dweeb, take a bow - you were the hero of the piece; defender of all that is good and decent in our society. Keeper of intelligent analysis, independent thought and sensible thinking. Dweeb, you were the one ray of light in an otherwise gloomy firmament of illegal, sadistic torturing of investors [as the WSJ.com put it - see post 62]. Actually, I can lie blatantly about the WSJ.com and Carrie Lee [if those are indeed their real names] because they lied about me and besmirched my character as shown by Dweeb's comments. Cool! They can sue me. I fly over to the USA and sue them. They have a LOT more money than me, so I win!
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