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Technology Stocks : CLYW - Calypso Wireless, Inc.

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From: del244/26/2007 2:53:03 PM
   of 1595
 
This one is for the Longs, newbies, and my friends on the IHUP BOARD.

Posted by: droy24
In reply to: droy24 who wrote msg# 25097 Date:4/19/2007 11:19:46 AM
Post #of 25857

Let me post this again from DATELINE. Remember i didn't say this, Dateline said it.

Posted by: droy24
In reply to: None Date:3/30/2007 2:10:19 PM
Post #of 25539

This is part oo a story that DateLINE DID IN 2005.

From Date Line

What are interesting are the battles that ensue when these “gurus” misdiagnose a “real” company with “real” assets as a scam. The naked short sellers will still be able to knock the market cap down by 99%, but often it becomes tough to “Kill” the company. Investors that know that the company has the goods can sit back and buy shares at a tiny fraction of book value and thereby average down their previous purchases. Since the size of the naked short position is of a cumulative nature, increasing with the age of the battle, a point is reached wherein the naked short sellers cannot afford to cover this massive naked short position without driving the share price to the moon. This is when the games get really dirty because hundreds of millions of dollars are now up for grabs, winner take all.

THE DAMAGES

One has to wonder how many young micro cap corporations with great promise have been snuffed out while in this incubator of the OTCBB and Pink Sheets. Have we missed out on any potential cures for cancer or high tech breakthroughs? What happened to the dreams of all of those entrepreneurs who put every penny they had into their private companies in preparation for going public, and then getting massacred once public?

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