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 : BANY: Core business growth, exciting affiliations!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dealmakr who wrote (3544)12/8/1998 11:14:00 AM
From: Mike Sawyer  Read Replies (1) of 5847
 
Anybody read the yahoo BANY thread this morning. Some guy is saying that the MM's halted the stock. Said that they did it because of a forced buy-back and that the MM in question is trying to buy back shares to cover 490,000 short by calling insiders to see if they would sell. He also says they have to cover 11,000 AI shares also.

Any comments on this? Is this guy full of it or is there some kind of possibility that he might be right and the fabled short covering is just beginning? Hmmm...wouldn't that be a nice Christmas present.

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