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Microcap & Penny Stocks : PCBM - MASSIVE EXPANSION IN A 2 BILLION DOLLAR INDUSTRY -- Ignore unavailable to you. Want to Upgrade?


To: LORD ERNIE who wrote (2196)7/3/2000 8:49:27 AM
From: Scandle34  Read Replies (1) | Respond to of 2406
 
Shorting started over .30 and was estimated as 6-8M at .15.... I see a 16M+ short position, so the doubled down at the bottom instead of covering.

This indicates an effort to manipulate future transaction (options, financing), NOT a short for it's own profit transaction.

Total Float 33,300
Total Held 49,483
Being Pulled (pledged and in process) 7,558
Street float 25,742
Street held 41,925
short position 16,183
street short per street float 63%
Critical Number 9,559
planned buys 2,646
Critical Number after planned buys 6,913
additional pulled if 33% by all with 100K+ 10,601