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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: DebtBomb who wrote (44200)1/18/1999 9:26:00 PM
From: KeepItSimple  Read Replies (2) of 119973
 
Do the math. The short interest in most internut stocks is about 1/10th of the long interest. (And that's just counting the public float, if you add in insider holdings its more like 95% long) Hell, some of the internut IPOs can't even be shorted yet. There are a LOT more people long that will be forced to sell due to margin tightening than there are shorts.

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If they do stop margin on nets, why a drop in them? I don't see this. Many shorts would have to cover which would run the price up at the same time some longs would have to sell, I see a balance.
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