SI
SI
discoversearch

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.
Microcap & Penny Stocks : FWEB

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fred Thornell who wrote (7)5/3/1999 3:55:00 PM
From: Francois Goelo  Read Replies (2) of 53
 
FWEB, initiating coverage and A SHORT POSITTION...

Any idea how many ZSUN's shares Fahnestocks have shorted in April? The only way they can ever cover their enormous short position is by ensuring ZSUN's stock goes down in a big way!

That's when the CAVALRY of professionals BAD MOUTHERS start hitting the stock on various Boards and infamous "Stock Detective" gets drawn into the picture, just in time to prevent the debacle of the short sellers.

That's the gist of the piece I am in the process of researching. Of course, it'll come with a lot more details to flesh out the story.

But, ZSUN is fighting back and so far the stock is holding up today. What happens if the strategy doesn't work because stock holders become aware of the trick and refuse to sell?

Will Fahnestocks go belly up, or will their backers come to the rescue? Is the "Financial Mafia" involved in all this?

It is my understanding that a law suit may be initiated by ZSUN against "Stock Detective". As a result of the foregoing and the involvement of its CEO, K. Lichtman in the "DRIP Pump and Dump" that has lost him any pretence at credibility, I am preparing to take a Short Position in FWEB stock.

F. Goelo - - -
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext