Global Platinum & Gold (GPGI) Message Board

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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: George the Greek who wrote (8549)	11/13/1998 7:10:00 PM
From: Richard Mazzarella	Read Replies (1) of 14226

George, I don't think there is any way to know the total short interest for pennies, only short term stock borrowing. MMs can short all they want, but I believe must balance the books monthly. I would think that some of our "little guy" shorts should be very interested in trying to find out the short interest. They may have bit off more than they can chew when the big guys come back and cover. A stock can only go to zero, but can appreciate orders of magnitude overnight. The larger the short interest in Global, the bigger the pop. As long as the company can survive until the day of demonstrated success, longs don't have a problem with stock erosion. Look at some of the moves that Global has made in the past on news, the spikes. That was short covering IMO. It will happen again and the more the price is taken down by shorts, the bigger and more vigorous the move up. News that we longs are expecting should clean their clock, shorts better cover before that news.

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