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Microcap & Penny Stocks : INFE ... Infocall another Sleeper
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To: Craig K who wrote (1744)5/30/1998 8:18:00 PM
From: HRAKA  Read Replies (2) of 10343
 
Craig,
Actually, there are lots of shorters that do EXACTLY what Lucky is doing. Just like there are true longs that believe a stock is undervalued and either buys on dips or averages down, there are those
true shorts that believe the stock is too high and it will go down.
What Lucky is doing is the opposite of a long averaging down. The stock goes up, they short again, the stock goes up they short again,
etc..... It costs nothing to short a stock and you can stay short indefinitely (with some exceptions) as long as the non-margin value of
your account is equal to or higher than the value of your short positions on a day to day basis.
Also, Lucky said that INFE was his first "BB" short play so he did not lie in this scenario. I have seen Lucky many times before, he is not an mm plant. He is simply what he states he is. He looks for plays he believes will go down just as you and I look for plays that we believe will go up - and he promotes the stock falling just as we
promote the stock rising.

Sincerely,
Hraka
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