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Microcap & Penny Stocks : MMIC - Multi-Media Industries

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To: Delbrouck Jean-Pierre who wrote (13)11/26/1997 9:44:00 AM
From: Delbrouck Jean-Pierre  Read Replies (3) of 33
 
MMIC : important note :

Please note, at present, it is recommended that all which are interested to purchase MMIC shares shall give instructions to their bank or brokers to take physical delivery of these shares.
This share has been "shorted" (like a lot of others on this market) by some brokers. The MMIC price decline (until 0.06$!!!!) is the result of agressive and manipulative off-shore short selling ansd is not the reflection of the condition or prospects of the company.
In such situations where speculators are short-selling stock of a perfectly adequate company, it is advised to holders of this stoch to obtain physical delivery of their shares. In this case, the effect of this delivery on speculator short selling is devastating. Very quickly
(see what happens now!) short positions cannot be covered and the share price very rapidly rises.

Delbrouck Jean-Pierre.
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