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.

Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?

To: nzlsixty who wrote (1689)	5/8/2000 2:13:00 AM
From: Maurice Winn	Read Replies (2) \| Respond to of 12238

Subject 34482 New stream called "Globalstar Memorial Day Massacre". The idea being [Valueman's - I hasten to add] that shorts will have to cover on that day [or the one before or the week after] if a big short squeeze is induced by malevolent Globalstar shareholders moving their shares to 'cash account' rather than in their margin account. Even if not many do that [which I will with my Tonka-Truck full of stock] the fear of it could precipitate a rapid and frenzied short covering and big shortage of stock and a world-record price spike. Sort of a Silicon Investor internet Olympic Event = High Jump! Shorts who don't cover in time, get creamed on the way up as their brokers call in stock and they are forced to buy at $60 a share to repay the loaned shares to the broker and the account from which they were borrowed. Makes sense to me! Mqurice