SI
SI
discoversearch

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.
Technology Stocks : The Panda Project (PNDA)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Q. who wrote (699)12/15/1997 1:01:00 PM
From: Mike Farmwald  Read Replies (2) of 1521
 
Another issue on the viability of a reg s deal is the lack
of stock available for shorting. The offshore funds would
seem unlikely to be interested in a deal (ie. Panda) where there is
essentially no borrowable stock around (I know - I've been trying
daily for months with only small success). Since the company almost
surely engineered this shortage to push the price up, I suppose
they could arrange for stock to become available. There's a problem-
if they make it easier to short, the stock will drop even more...

Unless the offshore fund boxed their short last time, in
anticipation of another deal, I don't see an easy way out for
Stanford. I suppose he could loan the fund his own stock. (This
is mostly a joke - is it legal?)

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext