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Technology Stocks : Globalstar Memorial Day Massacre

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To: Jimbo Cobb who wrote (239)5/26/2000 2:56:00 PM
From: Maurice Winn  Read Replies (1) of 543
 
Jimbo, I always take responsibility for my actions. If you, like Dweeb and Archer who also couldn't read, went to remedial reading classes, you'd be able to figure things out.

I don't blame shorts at all for any woes I might have. They are legitimate predictors of a company's future and place their bets accordingly. Read what I've written and you'll figure out what I think of shorts.

However, even you should be able to understand, if you take it slowly, [and excuse me for being a little rude which is a very rare thing for me to do], that if a share price is sitting stably with no short interest and suddenly somebody with a very great big wad of dosh decides that the company is going to go bust, borrows 25% of the shares which were sitting happily in shareholders' margin accounts and sells those shares, it will cause a very large increase in stock for sale. To clear the market, the price will have to go down to attract buyers. That's a difficult concept, so your attention span probably sprung a leak, but take it slowly a few times and you might be able to get it. Don't feel bad if you can't because a lot of people have trouble with reading but they have good and happy lives [if they have good morals].

Good luck with your reading recovery programme Jimmy.

Yes, I have considered that Globalstar will not succeed and my investment is bad. I've found and ranted about many defects, but the deffects are a little like a mole on a lip; it doesn't mean the person is ugly or valueless.

Have you anything useful to say? The fun part is that if you continue to be some prat, I can dump you from the thread. I've never dumped somebody and have only put 3 people on 'ignore'. Even silly Dweeb didn't get dumped!

Mqurice

PS: You do NOT want to be in the same category as poor Dweeb. Raise your sights Jimbo!
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