Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey S. Mitchell who wrote (24200)	10/26/1999 1:18:00 AM
From: wonk	Respond to of 26163

...The name for what Scattered did is not market manipulation, but arbitrage. Arbitrageurs are traders who identify and eliminate disparities between price and value, or as in this case between today's price and tomorrow's price where the difference cannot be attributed to any prospective change in value.... Bingo

To: Jeffrey S. Mitchell who wrote (24200)	10/26/1999 1:25:00 AM
From: Graystone	Read Replies (1) \| Respond to of 26163

Way to long or Who would read all that Jeff. The FBNA Way would just be the headline... SULLIVAN & LONG, INCORPORATED, et al., v. SCATTERED CORPORATION A few shots of bourbon, let them guess what the hell is going on. We all know about scattered here on the Stupidest Thread.

To: Jeffrey S. Mitchell who wrote (24200)	10/26/1999 2:48:00 AM
From: marcos	Read Replies (2) \| Respond to of 26163

When you take the following on its own, leaving aside the old shares/new shares and warrants complications, i find it morally questionable - "Where the analogy fails is that while investors reasonably believe that the promoter will not sell more shares than exist, since he would then be defrauding the investors, a buyer of stock does not have a basis for equal confidence that the number of shares of a stock that is being sold short does not exceed the total number of shares in existence, since the seller is not trying to raise money for a venture. If even one share of a stock is sold short, there will be more shares actually or potentially for sale than there are shares in existence--since by definition the short seller does not own the share or shares that he is selling short--unless the short seller has borrowed stock in order to be able to make delivery if the buyer wants delivery." I think a buyer should have the right to expect that shares for sale actually exist. The market is supposed to be about trading pieces of companies. The legitimate short sale, where shares are borrowed and then sold, plays a useful part. But without the borrow there is no piece of a company to trade. Looks like fraud to me. If it is legal, then i should be able to run off Microsoft certs here on the printer. Then at least i'd be supplying a pretty piece of paper, maybe even fake autographs of dead poets as well to help mine compete against Bill Gates'. If it was illegal, then the touts of all this dodgey paper couldn't use the concept in their smoke and mirror shows.

To: Jeffrey S. Mitchell who wrote (24200)	10/26/1999 8:21:00 AM
From: Arcane Lore	Read Replies (1) \| Respond to of 26163

An interesting description of the LTV short selling matter from the Nov., 1995 Worth Online issue: worth.com Note: It's a lengthy article.

To: Jeffrey S. Mitchell who wrote (24200)	11/11/1999 2:14:00 PM
From: Janice Shell	Read Replies (3) \| Respond to of 26163

We all know that Pugs currently has his panties in a knot about the call you made to "Mrs bmart", the woman we now know--but didn't at the time; in fact Pugs, truthful as ever, claimed she was his "wife"--is Pugs's mother. We know also that Pugs used his parents' SI account to post here; first as a handy second alias with whom he could have "conversations", and then, once he himself was kicked off SI for breaching his agreement not to post about Mike Kugler, as his mainstay. Nice, eh? But never mind: did you get the number you called from SI Bob or anyone else at SI? Pugs is, of course, trying once again to distract attention from AZNT's parlous state. But humor me...