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To: Tom who wrote (31898)6/29/1999 4:16:00 PM
From: Ditchdigger  Respond to of 44908
 
Tom, I would be more inclined to agree with Zeev,,short covering( perhaps facilitated by a shortage of conversion shares)-round one..To those that say the PP's can't make a profit at these low prices,I think you need to rethink..Say they shorted at .10 and covered at .04 and sold short again at .07...my point is someone has made a huge profit.IMO, the PP's can move the stock at will, do to their large share holdings and this means up or down..good luck