SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks Message Board

STOCKTALK

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.

Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mike cobble who wrote (5004)	10/21/1996 1:05:00 PM
From: Joseph F. Hubel	of 13351

Given the way this thread is going, I thought you all might be interested in this brief exchange and the interesting ramification. At 05:05 PM 10/8/96 +0000, you wrote: >I wish to point out the original post was made on 9-16-96. It seems quite a >bit has happened to this stock since this time. A friend at work bought in >at a fairly high level and now is sitting on shares of a stock that has been >halted. I believe there was some mention that SEXI management had issued >considerably more stock than what they had been indicating to the public. > >Anyone have any comments on this situation? Things don't look good. > >Jeff > >At 18:09 9/16/96 +0000, you wrote: >>This stock is still at an excellent buy price. >> >>More good news to be announced in the next few days. >>Looking for price to be in 3-5$ range! >Jeff Seawell REPLY from S. Michael: >The number of shares floated does seem to be at issue, but I cannot get the >company, the SEC, nor the company's PR firm to confirm OR deny this--they >merely parrot the "We cannot comment at this time." The company does say it >is cooperating completely with the SEC and NASDAQ, and is confident that >they will emerge vindicated. They also apologized for any undue concern on >behalf of their shareholders. I ADDED: S. Michael<cashdev@dmci.net> wrote: <The number of shares floated does seem to be at issue> **************************** Your's is the embodiment of classic understatement. JFH ______________ Submitted by jfhubel@localnet.com >>>>>>>>>>>>>>>>>>>>>>>> S. Michael replied: Perhaps . . . let's judge after the investigation . . . it may be a tempest in a teapot. SEXI had such a high short that the short sellers had been clamoring for months for an investigation--now they have it; we'll see if anything comes of it. I REPLIED: Pardon my ignorance, but (1)why would short sellers be clamoring for an investigation. (2) Were you aware early on that they were clamoring for an investigation? ********************************** The fist exchange took place on 10/16 and the second on 10/17. Needless to say I have not have a reply to the last post. I'm not sure about the rest of you but his comments stuck me as a bit questionable. JFH

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next