NAMX -- North American Expl.-- Que Sera Sera! Message Board

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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!

NAMX 0.0001000

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Mar 7 3:00 PM EST

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To: Sidney Reilly who wrote (2369)	1/24/1998 3:49:00 PM
From: Theo	Read Replies (1) of 4736

Hi Bob, I agree with you that it is possible to put a squeeze on by calling for your certs. I routinely do that anyway with my major stock buys. Not out of concern for shorting alone, but, to have on hand a cert to be able to give away for tax purposes. Remember, you get what the stock was worth the day you sign it over and I want to make sure I control that!<G> Having said all that though, I don't think we at NAMX would be able to start, let alone execute, a short squeeze for the main reason of there being to large a distribution of shares. The sheer volume would take forever to calculate distributions. Now, if/when NAMX announces the "numbers" and you can get shareholder cooperation, then it may be feasible to calculate the SI shareholder percentage, decide whether we own the float or enough of it, and then decide on whether to pursue it. But, until we have good accurate numbers, people should call for their certs as a matter of principal and not for a squeeze. JMHO ;-) Theo Theo

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