TPRO "SHORTS" DISCUSSION
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To: Louis Riley From: Karl Drobnic Aug 5 1997 6:48PM EST Reply #954
Short-selling: Market makers can sell naked short. They don't need to borrow the stock like individual investors must. MM's need this privilege to maintain orderly markets. But some abuse it. Selling naked short is like owning the mint - MM's have a license to print stock certificates.
If they can keep a lid on the stock and wear out the investors, the stock goes to zero, and they make a ton of money by having sold stock that was never issued. It's nasty. And in Topro's case, it is going to get them eaten if they try it.
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To: Skipard From: Louis Riley Aug 5 1997 10:53PM EST Reply #973
Of course you are correct that an MM who is in the box (making a market in the name) can get short.
I just don't think any MM in his right mind is gonna take it home short. Period. Anway, I didn't mean to sound curt. Best
wishes and thanks for pointing this one out here and on the Shark Attack at much lower levels.
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Subject: TOPRO INC. (TPRO)
techstocks.com
Reply #1958, Date: Aug 27 1997 9:35PM
Short selling/warrants: When warrants are in their run to being called, there is often arbitrage. Warrants are bought, common is shorted. When the warrants are changed shares, the price often goes down until the new supply is absorbed.
Subject: TOPRO INC. (TPRO)
techstocks.com
Reply #1954, Date: Aug 27 1997 6:41PM
David, If you look at the Short Interest figures in today's edition of the WSJ page C12 you'll see that TOPRO had 11,626 on 7/15 and 325,331 on 8/15, a 2,698.3% increase. TPRO also appears on the "Largest % Increases"
Subject: Action & Options- Taxikid plays
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Reply #1708, Date: Aug 26 1997 8:18PM
Druss, Just luck. I was due. Ask Taxi. I was parked on CTN when the bubble burst - fast, easy lesson on how to lose 50%. If Taxi hadn't beat some sense into me, esol would have been real bad instead of profitable. Taxi has been a real education.......
Subject: Action & Options- Taxikid plays
techstocks.com
Reply #1656, Date: Aug 21 1997 12:30PM
i do all of that stuff before i buy or sell short- i try to get my due dil done before i enter a position. I am currently just playing two positions- creaf and usad- long/short i watch closely pair ncti ddim zitl TPRO....
Subject: Roger's 1997 Short Picks
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Reply #4672, Date: Aug 12 1997 4:48PM
Jim, I will keep TPRO on my watch list. My gut tells me that it is not time to short it yet, wait for the next up surge.
Subject: Roger's 1997 Short Picks
techstocks.com
Reply #4668, Date: Aug 12 1997 11:43AM
I have not tried to short. On the surface it seems like a scam stock, aka ZITL or if you remember, CSGI, Shawn Murphy, "The Picks"... The thread has a couple of leaders and a cult like following.
Subject: Roger's 1997 Short Picks
techstocks.com
Reply #4666, Date: Aug 12 1997 11:37AM
Regarding TPRO, I definately wouldn't short it. I'm long at 4 1/4 partly based on their valuation and business, but mostly as a hedge against my other y2k shorts. People who are going long are doing so for three reasons I feel:
Subject: TOPRO INC. (TPRO)
techstocks.com
Reply #1528, Date: Aug 12 1997 1:26AM
If Y2Kster spooks you then you should consider your own decision to enter TPRO in the first place -- why are you here -- and why does his being here change that? If you do your own due diligence with people like Skipard's and Joe TPRO's and et al's
Subject: Applied Cellular Technology (ACTC)
techstocks.com
Reply #209, Date: Aug 11 1997 4:43PM
I've done my homework mister. Reference your post of 8/11/97: <<(543 more chars)
Subject:
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Reply #10, Date: Aug 11 1997 3:23PM
i followed tpro- i was going to short it after such immediate gains. i missed the boat,though. will be back soon. taxi
Subject: Action & Options- Taxikid plays
techstocks.com
Reply #1389, Date: Aug 8 1997 4:56PM
I sold CREAF at open and went long another 2000 CKFR. Could not get ZITL and was not allowed to short Torpo the Torpedo TPRO- I don't know why. CKFR closed at 20- ask Jon Tara if this a good TA
Subject: TOPRO INC. (TPRO)
techstocks.com
Reply #1142, Date: Aug 7 1997 1:35PM
RB - I have heard that TPRO is marginable, hence shortable, at some brokers. Please go short some. Please!
Subject: TOPRO INC. (TPRO)
techstocks.com
Reply #1073, Date: Aug 7 1997 7:21AM
Trippi, What the hell are you talking about >>> Go read TPRO edgar and wsrn and tell me if TPRO pe is outlandish as they say. Cuurrent pe is 25 !!!which is fantastic and the best in y2k category!!! Here is a little story
Subject: SEMITOOL (SMTL): Is it a hold?
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Reply #358, Date: Aug 6 1997 5:35PM
Running Bull, saw you were interested in shorting TPRO. I'm considering it myself. Those people over on that TPRO thread are like a bunch of cattle all be driven down a canyon towards a cliff. Where do you think a short is a good ... .... I would have posted this at TPRO, but then I'd have to read through 50 messages with a fourth grader's vocabulary calling me crazy, and how TPRO is going to rule the world.
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To: John Rakoci From: Running Bull Aug 5 1997 10:19PM EST Reply #970
Just found this on the hot topics list and recognized the business name as one I knew from a former life. This is a very tough business to make money in as is evidenced by the performance of the company.
I haven't looked at their P&L, but if they can operate at more than a 25% gross margin, this is a good business for this industry. It is very competitive, and the buy out content is huge, and one bad job can wipe out an entire year.
These guys may think they can stuff their software down their users throat, but where are they going to get the support when these guys go belly up. Can I short this thing?
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