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Microcap & Penny Stocks : Oxford-Knight International, Inc. OKTI -- Ignore unavailable to you. Want to Upgrade?


To: jmt who wrote (73)6/29/1999 6:57:00 PM
From: Warlock  Read Replies (2) | Respond to of 98
 
Concerning yesterday's volume: not quite sure where the selling came from. Personally, I've never sold a share of OKTI. However, CEO is still concerned with possible short positions in the stock. While I can't PROVE there is a short position (so please don't ask), I can assure you that the CEO is planning on forcing the shorts to cover. (As you may know, a company can force certificates to be exchanged for new certs, via a name change, transfer agent change, cusip change, etc).

Furthermore, I hear that a very positive news release is close to being finalized.

Keep in mind that I am as frustrated as any of you due to the current low price. However, I happen to have every reason to believe that it will trade up strongly from here.