DCI Telecommunications - DCTC Today Message Board

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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Grantcw who wrote (11671)	11/26/1998 2:02:00 PM
From: Parker Benchley	Read Replies (1) of 19331

Grant, This may also "foolishly" help as will the other twelve lessons. Just keep in mind a short that is naked has no certificates to back up their position. A legitimate short has actually borrowed shares. If all the shares are accounted for the "naked" holders (and/or their brokers) will be forced to find real shares at whatever the market price may be. In essence, the company has been "over sold" and somebody has to pay for their precarious risk. Some BB's have a short position in excess of 100% . fool.com Now think a minute on how dangerous that could be to a naked short if a stock like DCTC should suddenly be revealed as "the real thing" and the price goes to $10+. Hello Chapter 7, 11, 13 etc. Also, think about what a catapulting effect this could have on launching a stock into the most beautiful regions of ether the upper atmosphere has to offer! <GGG> Happy Thanksgiving and onward, George PS-Very insightful web pages!

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