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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: Freddie Forte who wrote (12017)9/10/1997 10:51:00 PM
From: michael d kugler   of 13351
 
Freddie,

I am hoping your post was done facetiously (the only word in the English language with all vowells in alphabetical order).

It's over for SEXI. Chapter 7 means it disappears entirely. There is an auction tomorrow in McLean for the office furniture, equipment, etc. Article in Washington Post two days ago.

It is my understanding that this stock is not blue skied anywhere in the US so any buying is coming from outside. These guys probably don't know what's happening.

Might be some residual short covering, but that would be plain stupid since it would create a taxable event. If the company tubes, the shorts never have to cover.....and never have to disclose the fact that they had a short position.
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