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To: luey_bitter who wrote (344)	3/12/2001 4:17:01 PM
From: luey_bitter	Read Replies (1) \| Respond to of 388

"Although Pluvia says he never had a short position in that stock, he and his clients, after locating a suspicious company, more often than not go short and air their findings on Silicon Investor. Pluvia, who claims to be in his mid-30s, says he shorted 2,000 Citron shares when the stock was trading at 12 in mid-January. When Citron rose to 42, Pluvia started the "One Big Scam" thread. The stock retreated to 27, which is when Pluvia shorted the stock again. By the time the SEC halted trading, Citron was hovering around 19 7/8. The online sleuth says never graduated from college but has worked as a broker. "I only have three clients and you need to manage a certain amount of money to register with" the SEC, he says. Three clients? "Actually, it's just me and few others pooling our money together," he concedes. Investment advisers need to register with the SEC only if they manage more than $25 million in assets. " Very Interesting!