LL Knickerbocker(KNIC)/Pure Energy Corp Message Board

STOCKTALK

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.

Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brunello who wrote (223)	2/28/1997 2:01:00 AM
From: JBMorrow	of 1028

Charles didn't post the ones from the AOL board that gave the short position, so here they are: Subj: Re: KNIC short position Date: 97-02-27 14:49:50 EST From: ZilberD In today's "Wall Street Journal" short position on KNIC as of 02/14/97 is stated 210,407 as compared to 634,949 on 01/15/97 which is down 66.9%. If we assume the float is about 7 mill. shares this represents only 3% of the float!!!!! Any thoughts anyone? <<... the posts Charles copied go here ...>> <<Then comes ...>> Subj: Re: KNIC short position Date: 97-02-27 19:00:52 EST From: Jimi tee They didnt cover their short positions in the open market. Its so obvious. This was the paring off of the converted bonds prior to the suspended conversion and renegotiation of the convertable debenture to a fixed 8 dollar exercise price. What were in effect, shorting against the box. <<Hope this helps.>> JB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next