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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Sep 29 10:16 AM EST

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To: NEIL MACK who wrote (2987)5/31/1997 8:46:00 PM
From: J Rose   of 11098
 
Perhaps the game was rigged.

Found this link on the IOM thread the other stock I follow.

Talks about undeclared shorts.
Shorting a company with stocks that do not exist.
Follow the link and the atricle to the third page.

<<< snip>>>
<<< The good news is that is the trap is effectively enacted the
<<< short will HAVE to cover the position. This can, in some
<<< cases, take a $.50 stock to $15 or $20 a share - creating
<<< huge liquidity for the company and make the shareholders
<<< rich. (20-1 returns are not uncommon) Some of the most
<<< successful stocks on Wall Street are a result of an effect
<<< short trap. Example: Presstek (PRST) -- this was a $20 stock
<<< that made shareholders a five banger when a major promoter
<<< brought in some large players to bust the short.
<<< snip>>>

microcapstocks.com

We did it before and we now know exactly hww to spring the trap.
Just need to attract a few more shorts first.

Here Shorty Shorty Shorty. Nice Shorty Shorty Shorty. This wont hurt much. Just need to lure in a few more shorts before the trap is sprung if it has not already been triggered.

I had picked the July 75 call when it was 3 1/2 but ETrade has
not cleared me for options trading yet. Damit Damit Damit.

Maybe next time.

Joel

Just found a secret.
Leave a space after '<<<'
so it looks like <<< Snip not <<<snip
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