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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!
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To: dealmakr who wrote (1287)3/21/1998 2:08:00 AM
From: brad greene  Read Replies (2) of 5847
 
David,

I find that very humorous.

Get ready...." Mr. Hayes, you don't know me...but I represent a party that's interested...........". I believe number one already blew them off.....a very good sign.

I believe certified shares can be sold the moment the certificates are delivered to the broker. If you have a local broker, you can just take them down to their office and say "sell". I would think that internet investors must mail them in before selling.

It may be that you can sell them and deliver the certificates in three days? I don't know. Maybe someone can find out. Nobody should feel like they can't sell quickly if they need to.

Some would be more comfortable leaving a portion of their shares in their accounts. Everyone has a comfort level. I think the idea is to sell slowly after the stock reaches a higher level. If everyone sells after the stock goes up a nickel....then the short is let off the hook. That is why weak players....and there will be some, will need to have their sells at lower levels bought out by more savy players. I believe that this will happen the moment it become clear that a short must cover multiple hundreds of thousands of shares.

The question of whether or not you can pick up the phone and tell your broker you want to sell BANY and you have the certificates in front of you.......is a good one.

Any brokers out there?.......How do you do the dew?
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