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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 48.26-5.6%Nov 6 3:59 PM EST

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To: Rocket Scientist who wrote (17863)10/10/2000 6:31:44 PM
From: jerryriti  Read Replies (1) of 29986
 
Could use help in understanding the financing arrangements. When the BS is notified that a tranche will be put to them, am I error in assuming that they short the stock. I am currently very long in this stock, but feeling hard pressed to understand if that dynamic of BS shoring the stock is a valid assumption! Would appreciate any comments!
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