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Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air

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To: Deeber who wrote (1842)2/16/1998 6:22:00 PM
From: Mama Bear  Read Replies (2) of 6464
 
>>>This stock WAS shorted and shorted pretty heavily. I know at $3 it got killed all the way down to $1 where the shorts started covering. <<<

Do you have a secret method if discerning whether a sell is an opening or closing transaction? You don't think it possible that selling pressure was longs cashing out, do you? If you had any experience shorting, you'd know that it's the stocks with no short interest that fall as precipitously as BAAT did from 3.25 to 1. Short sellers would have cushioned the fall. It's just that plain and simple. Oh, BTW, I was watching that dump on real time level II as it happened, FWIW.

I think you're assuming things you have no facts to support.

Barb
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