IDCN - gold, garnet, etc. Message Board

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Microcap & Penny Stocks : IDCN - gold, garnet, etc.

IDCN 0.00001000

0.0%

Mar 6 3:00 PM EST

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To: MakeAFuss who wrote (897)	8/20/1998 10:35:00 PM
From: Sojourner Smith	Read Replies (1) of 5908

I wasn't sure mms were shorting the stock. My main point is I know people with over 1 million shares total and I heard the float is in strong hands. Seems like mms are short shares. I sincerely would like to know from your background how mms get out of mess like that. What would happen if they had bumped it to .37? Let's rule out covering short positions. They would get sellers I know, but if there was a higher offer later, they might get more buyers and then what? Seems like they would eventualy not have the shares to sell. And would not be able to borrow them. Which what some people claim they do. Seems like one solution to their problem would be to walk it up and down untill you make up you inventory. Look I don't how mms think. But I could see how the could get in a pickle. And I have called many BB company heads that are mad with a mm or two. In my opinion the mm theory holding this back makes sense. I believe most of the trades were buys last Wed. 8 mil trades should have sent it to .30 easily. The sells today were daytraders. I know one guy who asked me about IDCN and got in at .08 and out at .13. I told him I was staying. Those are the type of sells that are going on, IMO. There has NOT been enough selling volume for a pump and dump, IMO.

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