Arcon Energy .... Another Sleeper Message Board

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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper

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To: Dusty who wrote (325)	2/3/1998 4:44:00 PM
From: Jeff Harrington	Read Replies (5) of 626

<OFFTOPIC - Naked Shorting> What we're up against has nothing to do with legal shorting as it is illegal. "Naked" shorting is what the MM's are doing. This involves shorting stock that the MM's don't own and should not even legally exist. Good market momentum will force the MM's to cover. Calling for certificates in which 99% of the shareholders participate could, in theory, force an MM to cover, but is next to impossible to achieve. In this manner, the request for a certificate over the legal float causes covering. EUTO, RMIL and others have tried this with ummmm... varying degrees of success. We've got good momentum, a small float. We've got nothing, I repeat nothing, to worry about. In fact this type of illegal and unethical practice may eventually work in our favor, forcing the price to pop up suddenly when the MM's do cover. Jeff

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