Computerized Thermal Imaging CIO (formerly COII) Message Board

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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII)

CIO 6.905

+0.2%

Nov 14 9:30 AM EST

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To: chirodoc who wrote (4247)	6/24/2000 9:21:00 PM
From: Mama Bear	Read Replies (1) of 6039

"20M short shares x a rise of 12x's in stock price (.70 - $9) has created a loss of approximately $240M!!!!!! " Two bad assumptions, and a significant math error. First bad assumption: That you have a clue as to what the short interest is. Since it is not reported on OTC stocks, you are making this number up. Second bad assumption: That every single share of the made up short interest was done at the low. One could as easily and as erroneously assume that all were shorted at the high, and has resulted in a profit of $220 million (using your made up number). BTW, the stock hasn't been as low as 0.70 since August of '99. Math error: 20 million times 8.30 (9 - 0.70) = $166 million, not $240 million. When you make up fiction, you could at least do the math correctly. Regards, Barb

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