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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (165)	10/21/1999 9:13:00 PM
From: LANCE B	Read Replies (1) \| Respond to of 4792

i did not want to leave because the eye of the storm was going right over my house and we were suppose to go away last week..of course i was not going anywhere

To: Wayne Rumball who wrote (165)	10/22/1999 9:28:00 AM
From: SgtPepper	Respond to of 4792

Wayne, do you know anything about this "crackdown on Canadian short sellers" story? This is the second time I've seen this story pop up this week. ________________________________________________ Found this on another board and it could explain the steep drop in ACTFF share price. Take care! ----------------------------------------------------------- Rumor has it (and I'm not a big fan of rumors), that this week there is tremendous pressure in the penny stocks by the MM's to drive down prices because the Canadian Gov is cooperating with the SEC to end the practice of shorting stocks that are ineligible for shorting in the US. My understanding is that the majority of this illegal shorting is done through Canadian accounts. There are other offshore brokerages that are used that will surely see an increase in activity but in the mean time the push is on to get the prices down to where short covering can be done cheap. Time will tell if this is the case, but it should be obvious to anyone with even rudimentary understanding of the markets that the decline in recent weeks of CLSI and a lot of other pennies is artificial and NOT being dictated by the market. The only way to put an end to such manipulation is for a complete reform of the OTCBB (which is probably not far off once the cleanup of non reporting companies is complete)to either a specialist style market like the NYSE or more likely to an automated trade clearing system that eliminates the MM's being pitted against the public. The opinions expressed in this post are stricly those of the author and do not necessarily represent those of RB, it's affiliates or any other rational humans on the planet. TLHO