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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: Babe' Boua who wrote (19308)10/2/1999 7:21:00 PM
From: K. Kornelson  Respond to of 25548
 
babe,

I saw this on Raging Bull.

For Anyone Interested:

A campaign has started on the USAV forum to have USAV holders place GTC orders (Good Till Cancelled) at a high price to keep their shares from being used by short sellers. It is something I hadn't thought of before when suggesting CHES holders register their shares.

A short seller cannot short on shares that have been made available for sale. That means if you put your CHES stock for sale at .20 per share (or whatever the highest ale price is allowed by your broker) for the next 21 days they cannot be shorted on. If after one week the price approaches say .15 per share, you simply change your order to request a higher price.