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 : Turbodyne Technologies Inc. (TRBDF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gerald L. Kerr who wrote (953)6/1/1998 3:12:00 PM
From: current trend  Read Replies (1) of 3458
 
To the thread-- Reference to the short campaign that
is unfolding---

With 2,000,000 shares short and about $20,000,000
in capital expended, what price target could the shorts
be shooting for? Could they be trying to close the gap
previously talked about between 6 and 8? Besides
balls of steel, and assuming they are not stupid, what
else do they have or know that has been overlooked on
this thread? It would seem to me that an unexpected
positive company announcement, that could happen
any day, would adversely hit their position. The previous
short sale campaigns in TRBDF had warrents and
preference shares at their disposal as an exit strategy.
I don't see how they expect to get rid of 2,000,000 shares
without getting caught . Especialy after all roadblocks to
Turbodyne's success have been removed (EPA approval,
OEM contracts, etc), short selling this stock seems a risky
business to be in. Any thoughts to explain these
contradictions would be enlightening.

CT
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext