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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Jeffrey S. Mitchell who wrote (2678)8/30/1998 9:41:00 AM
From: Lucky  Read Replies (1) of 26163
 
>To all: What about you; what has to happen on Monday to convince you one way or another?<

Stock would have to close well above $2 on heavy vol(>200k).I might even cover myself and reshort at the top if this fairy tale squeeze was to come true.Funny thing is there is nothing to stop the shorts from covering and reshorting higher.That is why this squeeze theory can never work here.Naked shorts can short all day everyday without worrying about the stock being called in.
Actually I have a hard time believing this story but if it was true that some large short was being forced to cover I can guarantee you that he wouldn't be doing it on the open market and buying anyone's stock here.He would definitely end up cutting a deal directly with AZNT and probably get issued stock from treasury maybe at a small market premium as I suspect AZNT needs the funds.
Unfortunately it looks like those buying stock at these lofty levels will be left holding the bag here as another BB short squeeze tale dies out.

PS.I wouldn't be surprised to learn that those pumping this short squeeze story are actually MMs themselves in cohoots with AZNT.

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