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.
Technology Stocks : Zitel-ZITL What's Happening

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: White Shoes who wrote (11602)10/12/1997 12:55:00 AM
From: BonniesGuy   of 18263
 
I'll put up the $ 110 White Shoes for you and two Short friends of your choice. You Short 100 shares @ 22 or below, I'll pay the interest for up to six months. Get out anytime YOU want. All we ask is that you give the "I'm Out" post when you cover.

Unless, i am missing something, I am at a loss to understand the Short testiness over this challenge. I'm not questioning anyones manhood (though I admit to taking a rude swing below the belt at Michael/Ventura/MFInvestor Friday evening.) It's the collective and individual Short conviction that is in question.

Hold on tiger. You incorrectly understand:

<< . . . apparently, that you think you can extricate yourself from your overlarge position in ZITL by encouraging the shorts to add to their positions just before that BIG announcement and "unexpectedly good" earnings report comes out from ZITL (won't happen by the way), thus creating a short squeeze up to and then beyond $33 >>

NO Short or Long is being asked to add to their position under the revised rules if they already have at least 100 shares. Seriously, White Shoes, I doubt more than ten Short posters on this board are currently out like yourself. One hundred shares for ten Short folks (offset by any Longs currently out). Hardly enough to cause any effect on the stock price.

What do you say. I'll put up the $ 110.00 for you and two Shorts of your choice. Agree to get in and I'll wire October/November to get us started. Again, get out whenever YOU want. Just post when you do. Sort of a Zitel Bull & Bear Barometer.

Bonnies (trying to be constuctive) Guy

ps. White Shoes, I'm not picking on you. We can call it the Bull and Bear Barometer Challenge for all I care.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext