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Non-Tech : Auric Goldfinger's Short List

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To: Mama Bear who wrote (7731)4/27/2001 1:48:50 PM
From: Francois Goelo  Read Replies (1) of 19428
 
Barb, "Your conclusion is not supported, it is self serving"...

What makes you think I currently have a position in the stock to make it self-serving?... The stock is already in the midst of a strong short squeeze promoted by someone who has far deeper pockets than all the shorts on SI put together... While my opinion of the stock is not far removed from what is written below, I think the price is more likely to go to $20.00 on panic short covering than back to $6.00...

Message 15725706

"The stock has been heavily shorted and has recently undergone a huge short squeeze. Yesterday the President of the company sent a letter to all of its shareholders asking them to force short sellers to cover the stock by calling in their shares. The company also released a press release detailing the letter: an action that in effect was a warning to short sellers.

Even the company thinks that the short position is in the 4.5 million range and they should know because they receive the DTC sheets weekly... Of course, not a credible source IYO...

biz.yahoo.com

"In our case, according to reports published by Bloomberg L.P., out of 21 million GENI shares outstanding, there was a total short position of approximately 4.6 million shares. That is why we are asking for your help.

JMHO, F. Goelo + + +
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