SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Olympus Ventures (OVIS) - formerly (OLPV)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roo who wrote (7390)9/16/1997 11:43:00 PM
From: S Press   of 13196
 
General question...

Looks like this group in SoCal and associated MM's are getting nervous, judging by recent press releases. My questions are this.

1. If this group of investors can't cover and declare bankruptcy is there another avenue to collect funds such as an insurer?

2. Isn't it true that only a MM can short a BB stock? (naked of course) If so then I'm sure there are deep pockets backed by deeper pockets (insurers) If not, the possibility of individuals creating this huge short position raises some questions....

If anyone could offer some answers I'd appreciate it. I'm in EUTO looking forward to the same thing, but I got my naked short education from this thread. Hang in there and make 'em squirm!

Steve P
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext