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To: Francois Goelo who wrote (1330)10/15/1999 1:29:00 AM
From: StockDung  Read Replies (1) | Respond to of 1567
 
"Look at WINR for example, a heavily shorted stock, up today 11.4% on 136,000 shares, compared to 28,000 yesterday"

Wow Francois, pennies from heaven. What a bafoon. How is shorting a stock under a buck? What a fool you make of yourself everyday.

0.875 Bid

0.906 ASK

WINR - WINNERS INTERNET NETWORK INC
Exchange: OTC BB
Delay: at least 15 minutes
Last Price: 0.906 at 16:00 EDT
Change: Up 0.094 (+11.58%)
High: 0.937
Low: 0.781 at 9:32 EDT
Open: 0.781
Previous Close: 0.812 on 10/13
Volume: 135,900
Currency Units: US Dollar

Confirm all data with your broker or financial advisor before trading.

Data by: S&P ComStock





To: Francois Goelo who wrote (1330)10/16/1999 11:36:00 PM
From: Jeffrey L. Henken  Read Replies (2) | Respond to of 1567
 
Only time will tell how big a rally we see in stocks that have been naked shorted in Canada. It is not just OTC BB stocks that have been naked shorted in Canada. This practice is no longer going to be overlooked. Accounts are being closed north of the border now. Clearly this should help some of us who are long on some of these stocks. Naked shorting is clearly a violation of trading rules in US Markets. Also I would like to state that for those who believe that these rule changes will not ultimately be enforced in all markets where US securities are traded outside the US:

I believe you will be proven wrong.

Thanks, Jeff