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.
Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Francois Goelo who wrote (7721)4/27/2001 5:28:06 AM
From: Mama Bear  Read Replies (1) | Respond to of 19428
 
"your link gives between 1.5 and 1.6 million shares short from January to April for GENI and we both know that's completely INACCURATE"

Unless the data was reported reflecting the split. It's really not that hard to multiply a number by 3. Get out your calculator and try it. You know that data sources do that frequently you know? For instance, here's a chart reporting the 'completely INACCURACTE' prices for GENI for the last 6 months:

askresearch.com

It really is amusing how boiler room touts pick and choose which data they like before calling it credible. Credibility is based not on truth, but upon what the tout needs his gullible victims to believe. Only such a person would claim that the numbers reported directly from the source are innacurate. Again, this begs the question, why are you wasting your time on a thread where folks aren't going to fall for such tactics? Really, you need an audience that has a combination of greed, inexperience and naivitè. In other words, you need suckers who will believe you when you try to claim that the numbers directly reported by the exchange are inaccurate, while the numbers coming from interested third parties are correct.

Regards,

Barb



To: Francois Goelo who wrote (7721)4/27/2001 1:02:48 PM
From: Arcane Lore  Read Replies (1) | Respond to of 19428
 
The discussion of the recent GENI short interest figures hinges on whether the figures from NASD have been adjusted for the 3 for 1 stock split. It appears that Mama Bear is correct - the short interest figures from the NASDAQ Trader site have been adjusted for the 3:1 split. A January 14 SI post (see below) indicates 429,000 shares short based on data from Yahoo. Since Jan. 14 is prior to the publication of the Jan. short interest, the figure presumably reflects the Dec., 2000 short interest figures. The current NASDAQ Trader figure for the Dec., 2000 short interest is 1,285,812 shares: nasdaqtrader.com

Dividing by three to get the pre-split number one gets 428,604 shares - which rounds up to 429,000 shares, the figure cited in the following Jan. 14 post:

To:InfoStream.com who wrote (64)
From: Glenn Petersen
Sunday, Jan 14, 2001  10:54 PM
View Replies (1) | Respond to of 69
I had actually seen those posts earlier. Normally I would suggest shortly the hell out of GENI, but it certainly appears to be propped up. According to Yahoo, the short position is 429,000 shares. Who knows what the actual float is; there can't be that many shares out there. There could be a hell of short squeeze. Eventually, IMHO, it ends up in single digits. I don't see a workable business plan.

Message 15182968