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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp
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To: Steven Messina,L.M.T. who wrote (222)2/27/1997 9:06:00 PM
From: Brunello   of 1028
 
Here are the posts.

Subj: Re: KNIC short position
Date: 97-02-27 15:12:17 EST
From: BLBREW

If these numbers are correct then I compliment the shorts for a job well done. The nervousness created in the stock has allowed them to make a nice profit on their play.

What I hope now is that they have moved to a position ready to make the stock move in the other direction. Could it be that they were made nervous by the possibility of a good annaul report and announcements about continueing operations that moved them to cover most of their short postion? Possibly another position might be in their minds once the stock again recovers a little bit.

Question .... do we have any real idea what the trading float actually is at this time?

I have heard from 4 million to 7 million. Quite a spread. Last I heard the company has not had anynew requests for conversion. Could this be the reason the the shorts covered their position?

Does anyone have what might be construed as bad news about the company? I havn't heard it if you do.

Waiting patiently for the next news

Barry

Subj: Re: KNIC short position
Date: 97-02-27 18:48:18 EST
From: BKovach558

ZilberD: That's just the amount of float that is held by individual investors(not adding in the shorts held by member firms.
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