SI
SI
discoversearch

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.
Technology Stocks : Globalstar Memorial Day Massacre -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (383)7/31/2000 2:24:17 AM
From: Maurice Winn  Read Replies (1) | Respond to of 543
 
Barb, it's called a 'head fake' and the shorts fell for it, swarming all over G! I can assure you I'm totally unworried about the short level. It just adds fun and flavour.

You think "Call in your certs" ALWAYS indicates a sinking ship or just a desperation cry? Always is a lot of times. Why not just come right out and say whether you are short Globalstar? If not, I'll specifically lend you my stock to sell. How about that for a kind offer? It's dehyped, but I could rehype it and arrange for my broker to transfer the loaned stock to your broker. It's only a little Tonka Truck, so maybe you'd want a lot more than I can offer, but tell me how many you want and I'll see if I can fill your order.

Actually, since my campaign began, Globalstar hasn't really changed! A few ups and downs, but certainly not enough to be a lot of fun. The main effect has been to hugely increase the short interest which is going to really make a LOT of fun when the short squeeze begins for real, [Thansksgiving being the current conspiratorial date].

I'll leave it to the judge to decide whether the date of publication saying NOW, IMMEDIATE etc was any more an actual date than my "Memorial Day" when the markets were closed.

Prolix Regards,
Mqurice