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Microcap & Penny Stocks : AREE - Formerly TVSI

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To: Pugs who wrote (3313)6/8/1998 4:30:00 PM
From: s martin  Read Replies (2) of 6528
 
I take it you didn't like my question about who could have shorted TVSI ????

To: +Pugs (3304 )
From: +s martin Monday, Jun 8 1998 3:51PM ET
Reply # of 3310

Let's see now, according to Riley someone (possibly with inside information) shorted 2,500,000 shares. We now find that Mr. Raabe is disposing of 2,500,000 shares, both transactions took place through Pacific International... now who could we think of who could have shorted 2,500,000 shares at .30 and then covered at .02 ? Any ideas boys and girls?

To: +Seeker (157 )
From: +Riley G Thursday, May 28 1998 5:49PM ET
Reply # of 272

Imagine if pi-securities.com Pacific International based upon inside information of the TVSI deal shorted 2.5 million shares on the day TVSI ran to .30 cents because they knew that TVSI would be selling 2.5 million shares later and they would use those shares to cover their short position! I saw two larger blocks trade at 1 million and 1.5 million shares during the .30 day. What if PI is using the 2.5 to cover a short and pocket the estimated .17 cent profit of $425,000!

This means the problems of the lowering stock price is with those brokerage firms manipulating the price down for their own advantage!

What if...
Riley G
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