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Pastimes : Asensio** King of the Shorts - LET'S RUMBLE!

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To: micky who wrote (17)6/18/1998 10:39:00 AM
From: Mama Bear  Read Replies (1) of 257
 
Someone should write a paper on the psychology of a long shareholder "trapped" in an Asensio sell rec. There seems to be a set timeline to their reactions. First reaction "He just issued this release because he knew he'd get squeezed, so he made up these lies so he could cover.". Then they pick apart his press releases to find any minor discrepency that they can. One of the favorites is to concentrate on Asensio's eccentric habit of referring to Nasdaq stocks as OTC:BB. BTW, does anyone know why he does that? Then, after a week or so, they claim that they know that Asensio has covered. If you check Message 4914955 you will find the fellow who I think is the CCSI company shill posting that he's "heard" Asensio has covered. No doubt this will result in a minor pop, as Skipard is highly regarded by the sheep he's led down the primrose path. The thing that astounds me is that it seems like a clockwork schedule. After observing the message threads and trading action of several Asensio stocks, it is incredible how predictable the pattern is.

I recall one fellow on the ERGB thread went so far as to claim that he'd talked with Asensio and Asensio told him that he'd covered ERGB in the 10s. It was a mistake if he did, since ERGB is now 1 5/8.

Barb
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