Zia Sun(zsun) Message Board

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Microcap & Penny Stocks : Zia Sun(zsun)

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To: jjs64 who wrote (555)	4/18/1999 5:13:00 PM
From: Francois Goelo	Read Replies (2) of 10354

jjs64, I believe I used the word "large". This is what I can't understand... with you short sellers. Instead of giving breathing room to a stock to regain altitude and short again from a loftier position, you try to squeeze the last bit out of it. In order to succeed, you have to use lies, innuendos and misrepresentations that may eventually bring a few of you in Court. All you had to say, when the stock was at $35.00, is that it was overvalued, just like WCAP was overvalued at $65.00. The natural correction would have brought the stock back to about $18.00. Instead of covering at that level for a nice profit, short sellers kept on selling much larger amounts of shares. This only resulted in lowering the stock another couple Dollars and setting the scene for a gap at the opening and a possible Short Squeeze tomorrow. To me (a non shorter by choice), this makes no sense and those who haven't started to cover yet are going to find it expensive to buy some 400K stocks in the open market tomorrow. In addition, NASDAQ and SEC have been alerted to the actions of one MM in particular who is going to be watched very closely. F. Goelo + + +

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