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Non-Tech : National Securities (NATS) -- Ignore unavailable to you. Want to Upgrade?


To: David C who wrote (102)12/17/1999 12:50:00 PM
From: Rande Is  Read Replies (2) | Respond to of 159
 
It wasn't a selloff, David. . .it was an attack by a short-seller to take the profits made by us on NATS from the 5's to the 7's. . .this is common. . .sometimes its a Market Maker. . .sometimes it is an individual. . . either way it is quick easy money as they place a half million bucks down to manipulate the price lower, then cover. . .leaving us with lower equity. But on NATS they will get a big surprise when we start to furiously buy the dips with large size. . .on a stock with a 600k float, that should sting pretty hard.

The news was great and there are some that want this stock higher. . . but it needs to jump a few hurdles first.

Rande Is