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Microcap & Penny Stocks : SETO Semicon Tools Inc.
SETO 0.00630-10.0%Nov 5 11:11 AM EST

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To: jan_mike who wrote (67)12/7/1997 4:59:00 PM
From: Eric Fader  Read Replies (2) of 3222
 
Mike -- I didn't intend to get on you regarding the naked short thing -- I would just hate to see this thread turn into a circus like the old OVIS board, or EUTO, or VTPI, or ...etc., etc. When a stock has been manipulated up to many times its actual value or has had a big run, even legitimate MMs can sell it short to maintain a smoothly functioning market. Other times, the MMs can get caught TOO short and resort to "tricks" to try to trigger some selling. The latter has already occurred a couple of times with SETO (for example, shortly after the open), and I expect to see it again as the stock attempts to find an equilibrium. Let's just not start any of that goofy "calling in the certificates" s--t here, OK? (Again, not directed at you personally.)
BTW I'm wary too, but the risk-reward here still seems exceptional.
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