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Gold/Mining/Energy : PYNG Technologies
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To: Gary H who wrote (1753)3/29/1998 11:38:00 PM
From: tide  Read Replies (1) of 8117
 
With you Gary

I find it difficult to understand why shorting is even allowed or that it serves any useful purpose other than filling greedy pockets at the expense of honest, sincere investors.
But hey, we've got enough eager beavers on Pyng, perhaps we could rip the shorts off these do-no-gooders. What if enough bullish investors put their heads together, when a substantial amount of shorts exists and buy stock in such a manner as to drive the price enough to really put the squeeze on. Does anyone think this could ever succeed? Of course it may be difficult to get a big enough commitment from enough individuals & the shorters may have the resources & smarts to defeat such a project. Has this ever worked or could it work?
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