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Technology Stocks : JMAR Technologies(JMAR)
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To: Arthur Radley who wrote (4361)12/5/1997 8:59:00 PM
From: MRothaus1  Read Replies (1) of 9695
 
TexasDude:

If they shorted at $4.5 now, and then cover with shares they bought at $3.40 one year from now, that is close to a 30% gain on their money. And that is guaranteed! Sure, they are giving up the potential of making a lot more if the stock goes above $4.5.

But it is hard to find a guaranteed 30% return on your money. Not only that, but they got warrants to buy more stock at $4.40 to boot.

That's the way I look at it.
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