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Biotech / Medical : BriteSmile Inc. (BWT), formerly ILT
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To: Raymund W who wrote ()6/3/1999 3:59:00 PM
From: vincent reis  Read Replies (1) of 182
 
I don't believe anyone is impressed with you "short Sellers" who always claim brilliance on a short 3 days after a stock has declined a few dollars, and miraculously "covered" your short just before a major announcement moves the stock. If you are so sure this stock is going down that you are going to short it with your millions of dollars, than why would you be thinking there may be some promotional announcement that may move the stock against your position? And if you are thinking that, why didn't you wait until after the announcement to short the stock? Like today when it hit a high of 16+? Of course at the end of the day, I'm sure you will all post how brilliantly covered your the short you initiated at 11 at 10.5, re-shorted at 16 right? And if tomorrow it goes to 18, you will have recovered at 14, re-short at 18 and so on. The bottom line with this BS is this: BWT is a thinly traded stock on the very early portion of a yet to be determined growth curve. Shorting this stock is sticking your neck someplace with a tremendous amount of risk. If they establish any legitimate national, international presence, I guarantee anyone shorting at this price will those big long term. If you want to play trading games from day to day, well maybe luck will be with you. Also, "big money" does not play with BWT type companies. So you guys posting how powerful your presence is and the millions of dollars you play with isn't going to impress anyone here. Powerful money players don't mess with BWT type companies, float is too small and getting out to cover a failed short position would become extremely expensive.
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