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

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To: Roo who wrote (1500)3/30/1998 1:23:00 PM
From: David L. Wasylenko  Read Replies (1) of 5847
 
... Naked...

Well, ALL shorts are exposed to the whim of the market. If they are selling shares they don't have (borrowed or otherwise), they incur an obligation to 'replace' those shares at some time in the future.

That is to replace the borrowed shares, or to cover investors calling in certs. The affect is the same... they must cover using $$$cash$$$.
Any time a stock is shorted, there are 'extra' shares available; the shares are sold more than once. I don't see much of a difference. Whether they are borrowed (multiple times?) or 'manufactured', the affect is the same.

The problem now is us, the investors. Unless we pick a higher price to sell our shares, and have the faith to purchase at higher prices, and convince others it's "SAFE" to buy at higher levels, we will not see higher levels.

Also, we need $$earnings and sales$$ to support higher stock valuations. I am part of the Cert call push, but I think the 'shorters are killing us' cry is playing a little thin. It's time for simple market forces to take over. Show us value, the stock will rise. Simple as that.

... david ...
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