SI
SI
discoversearch

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.
Technology Stocks : SI Diamond Technology (SIDT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: carl morgan who wrote (270)5/12/1998 11:02:00 AM
From: Joe Master  Read Replies (1) of 623
 
Before they were de-listed there were only 1 million shares short in this issue (approximately 4% of the outstanding). Please do not try to feed anyone the line about naked shorts on this stock. This stock went into its own death spiral based on a lack of capital (and products). There is no reason that anyone would short this penny stock naked when there were so many legit shares oiut there to borrow.
I think practically none of the recent rise is due to short covering. I think it is all due to hype. I mean they sold the only division that had any significant revenies. I do not see how the burn rate has decreased substantially when all the overhead and G&A salaries (Yaniv Eller other Corporate) are still in place. I am from Missouri so show me.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext