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Technology Stocks : JMAR Technologies(JMAR)
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To: Candle stick who wrote (4323)12/4/1997 4:57:00 PM
From: Starlight  Read Replies (1) of 9695
 
Stick - Even if the private placement shares are restricted and can't be sold for some time, the buyers could have still shorted the shares recently, with plans to cover later. Right? I don't think there's a time limit on covering, is there? Of course, if they wait too long and the stock moves up sharply, would they be subject to a margin call? I've never shorted, so I don't know about this.

Betty
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