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


To: LANCE B who wrote (2435)12/27/1999 9:28:00 AM
From: Tom Allinder  Read Replies (1) | Respond to of 4792
 
THOE... Simple story here: Short squeeze.
The company backing into the THOE shell is buying all the shares. They are the bid. On the offer side, the MMs are selling shares they don't have. The company now has all the shares and are sitting there watching the MMs sell away and get shorter and shorter. The shares will be called in today thereby removing all the stock from the market and putting it into certificate form... yet the MMs continue to sell stock... What will happen when the shares are all called in today? :)))))))))))))))

Tom