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Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?


To: Barry Brugman who wrote (3277)9/15/1999 10:15:00 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 3383
 
Supercapped means that TRAV was outta dough with his preset trading limits as preset by his clearing frim, LARK. During the day, a notice comes up to other nasdaq broker dealers that essentailly says that this b/d has exceeded his preset spending limits and that he may not/probably cannot be able to meet his trading obligations.

Thus it is effectively saying, hey other b/d's: this guy is outta cash. It is never a good sign. In TRAVs case, his macho bullshoy has been exposed. Combine this with an SEC indictment (see Arcane Lore's post above), a recent fine (see my post above), the big falloff in trading volume at the firm (see Nasdaq monthly % MM rankings) and it is very clear that TRAV's days are limited. He has had his balls chopped off and is unable to defend his stable of POSes. This is not good for AENG shareholders who unwittingly depend upon his manip activities. Capeech?