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Gold/Mining/Energy : Nuvo Research Inc

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To: DaveAu who wrote (6511)1/20/2001 9:06:51 AM
From: the Chief  Read Replies (1) of 14101
 
Chief, what's your take on this financing. Acqua seems to do a lot of these deals with bio tech companies. Any concern that Acqua will be shorting the shares ? I know there is a 120 day holding period but that doesn't prevent them from shorting in another account.

I really like the deal, I think Rebecca has done a superb job, and I offer an apology to Rebecca for misunderstanding her objectives.

This puts DMX in th eposition to continue to demand higher margins and royalties for Pennsaid without worrying about being intimidated by the large pharmas.

Acqua would likely beome an "also ran" in the financing of bio tech companies if they were to be found shorting and "manipulating" the stock of one of their clients. Proving a large short that keeps a stock down is relatively easy and is traceable so I don't think it would be in their best interest...to say the least.

3 month hold is not a big deal actally, what will be interesting is to observe the stock 3 months after the first trenche of financing is completed...will they sell, or will they hold.

I will be adding to my LT account Monday

the Chief
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