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Microcap & Penny Stocks : Short Squeezes

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To: DAY TRADER who wrote (47)9/8/1997 7:22:00 PM
From: Steve Hursey   of 182
 
I firmly agree with what you have said.

Make no mistake, this is as close to war as you can get in investing. Builing on that analogy, think of the Battle of the Bulge in WWII. The Germans made a push back against an inevitable Allied victory but for those soldiers fighting a retreat in Belgium, things didn't look too rosy. They had plenty of time to sit in their fox holes and foster doubt about the ultimate outcome of the battle. The trick was to rally the troops and reverse the temporary trend.

Keep in mind here that this battle is not a typical momentum play, not that momentum players won't be important at a future point. The whole premise here is the short squeeze which will take some time to develop and for which we MUST REMAIN PATIENT IN THE TRENCHES DESPITE OUR NAGGING DOUBTS. In essence, we have cut off the enemy supply lines, they just haven't admitted it publicly yet. When the free flowing supply of shares is cut off by the action of calling the certificates their little foray into our territory will turn into a hasty retreat. This could take some time though.

Please, don't sell and let the MMs win your shares from you. Hang in there, be patient and follow the CREDO for ultimate victory.

Steve
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