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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (35112)	2/28/2002 9:01:14 PM
From: Casaubon	Read Replies (1) \| Respond to of 99280

that is one of the most interesting posts I have read on SI. Thanks.

To: Larry Brubaker who wrote (35112)	2/28/2002 9:47:04 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99280

Could very well be. Interesting that the short interest in a sub $5 stock increases, most houses won't let you short sub $5 stocks, unless you are a "big fish", or have a "hidden collateral". Zeev

To: Larry Brubaker who wrote (35112)	3/13/2002 8:29:45 PM
From: Mark Johnson	Read Replies (1) \| Respond to of 99280

The post below displays the scope of Larry Brubaker's market smarts.......LOL..... Here is todays financing news: Message 17191816 Zeev Hed who wrote (35076) From: Larry Brubaker Thursday, Feb 28, 2002 8:50 PM View Replies (2) \| Respond to of 40684 Zeev, I think the current weakness in VLNC is a "stealth" floorless in place. Definition of "stealth floorless": an agreement is reached in which the bandits will buy shares at a discount to the market at some point in the future. The bandits then presell the shares (by shorting). After the bandits short the amount of the financing, the price in which the bandits will buy the shares at a "fixed" price is set, which happens to be at a discount to the current trading price. The bandits then use these shares to cover the presold (short) shares. Guaranteed profit. Why do I think this is the case? (1) VLNC is running out of money. (2) The short interest, after declining steadily from 8+ million shares over the last year to 4 million, has suddenly jumped by 500K shares last month. At the current price, it is not retail shorting going on. We will probably see an announcement of a "fixed-price" stock sale by VLNC in the near future. At that point, it might be good for a trade.