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Microcap & Penny Stocks : Cryogenic Solutions Inc. (CYGS)

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To: Big Dog who wrote (2709)8/15/1998 1:11:00 AM
From: lightfoot  Read Replies (3) of 4028
 
Short covering?
or
payday for the bash patrol?

It was reported on the MTEI thread that Knight Securities made a 400K buy of MTEI today. The only reason to buy is to cover a large short position and close their books on the stock. It would be interesting to search the 1099's for this company. I suppose the only agency that would be able to do this would be the SEC or the IRS. Forthright, Janice and others are getting their "financial rewards" from someone. I just don't buy the "I do it for fun" or "I do it to help others" If they aren't in it for the money from somewhere then they would have to be independently wealthy with a tremendous amount of free time on their hands. And if that were the case why would anyone waste their time here?
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