BANY: Core business growth, exciting affiliations! Message Board

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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: Russell Gish who wrote (1418)	3/24/1998 9:35:00 AM
From: brad greene	Read Replies (1) of 5847

Russell, Here is my take, I've decided that BANY is a viable growing company....and that there is a large short position in the stock. Grass roots larger block shareholders have been accumulating and certificating their shares. They are taking shares away from the float as they watch for positive company developments. They are setting the table for other individuals who, having greater resources, experience, and serious intent, may see the value in buying large numbers of BANY shares from whoever might sell to them. Once they have done this, they also, will call for their certificates......in large blocks. Call them short busters, white knights...whatever. I think that if and when it happens, (they accumulate) they will "take out" anyone who wishes to sell. They will profit later, at the expense of those who may be in a short position and must cover. I thought it was happening last Monday when BANY traded 1.7 million shares. Not so.....now I think last Monday was a preview of what may come. bg

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