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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (2523)	6/12/1999 12:52:00 AM
From: StockDung	Read Replies (1) \| Respond to of 10354

Lots and lots and lots of relevance Franschwa. You soon will find out. Truthseeker

To: Francois Goelo who wrote (2523)	6/12/1999 12:53:00 AM
From: who cares?	Respond to of 10354

Again amazing. You and coachman repeat spam away, and then tell someone else not to. It's just so inconceivable to me that someone could be that removed from reality. Get your rest Francoise. You and the tout crew are going to need to do a lot of BS posting to drown me out next week. Mr. Burns

To: Francois Goelo who wrote (2523)	6/12/1999 12:59:00 AM
From: Coachman	Respond to of 10354

Intersting part of an article:A squeeze can be quite benign--perhaps a bull market putting pressure on short-sellers. But it can also be a deliberate effort to put shorts under pressure and push up prices by forcing shorts to buy back their shares. To bet on a share-price decline, short-sellers must sell stocks that they borrow. There are two sources of stock loans: institutions and brokerage accounts. Institutions lend shares for a small fee--usually just one-quarter of 1% of the value of the shares. Brokers are permitted to lend shares from their own accounts and from customers' margin accounts that have not been fully paid for. But shares available for short-selling are growing increasingly scarce--particularly for the NASDAQ issues that are most popular with short-sellers. One brokerage executive, who requested anonymity, notes that institutions are increasingly chary about lending shares to shorts. The result is that shorts must borrow stock from retail brokerages, leaving themselves open to short squeezes involving customers demanding delivery of their certificates. A vivid--and unusually blatant--example of a short squeeze took place with Solv-Ex. On Feb. 5, after the stock fell 30% in a matter of days, the company faxed to brokers and shareholders a ''Notice to Shareholders.'' ''To help you control the value of your investment on a steady basis,'' the notice read, ''we suggest that you request delivery of the Solv-Ex certificates from your broker as soon as possible.'' It worked. Solv-Ex shares began climbing again, approaching the old highs by Feb. 21. ''I was bought in at around that time,'' one short-seller recalls ruefully. Says a stock-loan official at a major brokerage firm: ''Very few short-sellers know the mechanics of short-selling. What they don't understand is that when a stock is not available from institutional sources and comes from the Street, they can get squeezed.'' The risks are magnified, he says, if the source of the stock loan is a brokerage that makes a practice of squeezing shorts.