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.
Microcap & Penny Stocks : Amazon Natural (AZNT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cavalry who wrote (4984)9/13/1998 12:49:00 AM
From: Jeffrey S. Mitchell  Read Replies (2) of 26163
 
the squeeze is in my opinion not going to be triggered by a court order forcing shorts to cover...when people have to call in certs for 5% dividend this will trigger the covering if the mm's are actually oversold.

The problem here is that AZNT themselves sold stock a little more than a year ago that had a one year restriction, so good luck keeping that stuff from hitting the market now. As you've seen by looking at the 144s filed, those people are not insiders, they are people who participated in various offerings. Did you know that AZNT hired yet another venture capital firm after WellRich to bring in buyers for them? You're looking at a potential parade of sellers.

Yeah, sure, Sylver has asked for and been granted the right to review all 144 sales, but I seriously doubt he will just refuse to honor every single one that comes through. Besides, that would only last for 30 days unless he got a court order nullifying the sale for each and every person that filed an adverse claim because of his actions.

- Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News