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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Gerald Underwood who wrote (3954)10/12/1997 5:47:00 PM
From: JDN   of 31646
 
Dear Gerry: Let me know which island, I would love to visit you? haha
I have been trying to figure out just why this stock is acting so. Read an article regarding shorting. There are 2 types. Declared shorting which is what we know about and understand (ie borrow stock and sell against it) but there is another type called undeclared shorting. This is illegal but is going on to an incredible extent according to this article. Its done by "creating" nonexistent shares. I am not sure but believe only MM can do this. I understand that it has hurt many companies and can be very vicious. The only way to stop it, according to this article is for all the shareholders to DEMAND their share certificates. Once the shorts realize that a company is on to them they usually give up and go away. Perhaps some knowledgeable person on this thread would like to comment further on it. JDN
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