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Microcap & Penny Stocks : Computerized Thermal Imaging CIO (formerly COII) -- Ignore unavailable to you. Want to Upgrade?

To: barbara sperino who wrote (4151)	6/23/2000 11:06:00 PM
From: RickT	Read Replies (2) \| Respond to of 6039

>But as I sell my shares into your short position in this stock, I'm being saved and losing money but you(your associates, agents employee etc) are making a fist full of money from the short position you hold in the stock?< Barbara, No offense, but I don't think you understand how "shorting" works. The technique of shorting is the opposite of buying long. You sell high, then buy low. "as I sell my shares into your short position in this stock" Shorts have already sold (borrowed shares). They wouldn't be buying yours now (maybe later - see below). "I'm being saved and losing money" If you're being saved, why do you think you'd be losing money? Now, here's what will happen if Pluvia turns out to be correct and you don't heed his advice. 1. The stock will be halted. 2. You won't be able to sell your shares to anyone. 3. When it resumes trading (on the pink sheets) it will trade for less than $1. Then one of two things will happen. A. You will desperately try to sell your shares to a short who will buy them to cover his/her short. They sold at, say $9, and buy from you for $1 and pocket the difference. You bought at $x and sell for $1 B. The faithful will convince you that COII will be getting NASDAQ listing "any day", so you'll hold your shares. Eventually the price will drop to $0.25 where the more patient shorts will be willing to buy them from you. So, if Pluvia is correct, it comes down to this: Where would you rather sell your shares: $9, $1 or $0.25? For an example, see the ECNC Board Subject 29086 Start back around 3/9/00 when the stock sold as high as $20 7/8 3/13/00 Halted at $10 3/27/00 resumed trading - it had a high of $2 3/4 Today's high was $13/16