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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 59.96-4.6%3:59 PM EST

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To: pcstel who wrote (17766)10/7/2000 8:42:27 PM
From: BobRealEstate  Read Replies (1) of 29987
 
Wow, fired up aren't the words...

Anyway, besides discussing what one said or not (Valueman hates when I do that to him, too) or whether first hand knowledge is required to make commentary on something (my I* opinion admittedly derived from close friends who had the phones, should be 95% as good as first hand IMHO), I want to pick up on your comment about shorting the stock.

You just can't.

I have been asking about shorting some stock in G* to get a sense of the tightness. The words snare drum come to mind. It is so tight out there you can't short anything. I have had shorts tell me indignantly that they can borrow all they want, etc. etc. and I had thought they were BSing me.

They were.

If you can't get stock and I can't get stock NOBODY is getting stock to short.

Gotta love it.
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