VLVT (was CSMA) Message Board

STOCKTALK

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 : VLVT (was CSMA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Thu Ra Tin who wrote (1958)	11/28/1997 12:46:00 PM
From: David Smith	Read Replies (4) of 11708

When a shorter who is naked is caught in a price runup, he either has to cover the shares or bring money to the table. Remember, he supplied me about 600,000 shares at about .20 (isn't he sweet?) so his basis is very low, not good when he has to cover in the 1.50 range. Bringing money to the table on a stock that is running up is not going to protect him. As far as his extensions go, he's on his very last leg but the broker may try to delay the buy-in a bit. Anyway all the options (sorry for this terminology, Greg) are disappearing fast. December should be quite interesting and, yes, he still has his short position, he covered only a small amount the last week or so. David Smith

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next