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 : TAVA Technologies (TAVA-NASDAQ)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rt1^ who wrote (21495)8/1/1998 2:23:00 PM
From: Karl Drobnic  Read Replies (1) of 31646
 
RT1: Your points are good. But I have several clues. A professional short seller could short with impunity if handed a large block of shares to sell for a client. Also, visible short sale statistics do not indicate a large naked short position. So this is not a "short to zero" situation. And why not? Because Chevron, for example, has a regular SI. Tava beat out that regular SI (a Raytheon or IBM, maybe?). Why? Because Tava has a proprietary database. That database, now over 40,000 items is winning contracts for TAVA. It is valuable. If Tava gets cheap enough, a Raytheon/IBM/Rockwell will step in and buy TAVA for the database - in a bidding war. So the shorting, if professional, must be hedged. TAVA won't go to zero, and naked shorting is unlikely. Clues abound.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext