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Microcap & Penny Stocks : SPDE (nee CVUS)-- the scammiest Internet stock
SPDE 0.00010000.0%Mar 7 3:00 PM EST

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To: Moominoid who wrote (30)4/14/1999 8:15:00 PM
From: Bernard Levy  Read Replies (2) of 114
 
David:

Re. the short position in March. It's easy: SPDE
was below $5, so it was very difficult to short it. As
soon as you go over $5, you have to contend with all
former shareholders of CVUS who a) understand the
fundamentals (or lack thereof) of the company real
well, b) who have ben waiting for months for a chance to
short this sucker and make back all the money they
lost on the long side.

For anyone with pockets deep enough to possibly deal
with a short squeeze, a short of SPDE above $5
represents a 100% profit within a year. It's a no brainer.

Best regards,

Bernard Levy
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