To: michael d kugler who wrote (13964 ) 11/5/1997 11:38:00 PM From: FTJoe Read Replies (1) | Respond to of 55532
Edited to add I'm sure I'll probably retract some or most of this in the morning, but I'm really POd right now. Well I'm going to sleep, usually makes me think a little clearer when I wake up. You know I'm pretty level headed, I can't believe the stance you've taken on this right now. I'm actually very upset with you, I'm sure you don't care, but I believe you are screwing with my investment and I've yet to decide what to do about it. If I even think people are taking your advice to sell, I'll gather up those posts of yours and ship them wherever they need to go. You have passed the line of providing a balance to these discussions. Should this stock collapse, and our investments with it, I do believe you would be one of the causes. Is that your intent, because trust me, it's how it looks right now. At the end of this are some statements you've made as FACT, I hope they're all verifiable. Please answer the following: Did you verify the 100,000 shares, you stated it as a FACT. Do you really think all this is over $20,000 worth of stock, that makes sense to you? You actually believe Mork only shorted $20,000 worth of stock? That was to give to Zapara in exchage for the shares? why not juts lend it? Do you realize people on this thread claim not to be affiliated with Magellan, and in fact are? <Part of the reason for the screw up in the lawsuits is due to the name change. Mork now owns the name Olympus Ventures, now that Rocky Mountain International doesn't need it.> <The guy is upset at being bagged by Zapara, who promised to deliver 100,000 shares to him to cover the short. Mork says he was doing Zapara a favor, saying he has known Zapara for a long time. They play polo together at the Santa Barbara Polo Club.> <Why would he cover here. If it melts down entirely, he doesn't have to pay anything.> <Morgan's original defamation lawsuit was thrown out of court two days after he filed it, due to lack of jurisdiction.> <Mork doesn't have to cover his 100,000 share short position. He simplly has to come up with the margin to keep it open. He appears to have the wherewithal to do this for a long time, and he does not intend to close it out at these prices.> <The rules are different in Canada, which is where Mork is short. He doesn't have to cover, just keeping enoug margin is enough.> <There is no short squeeze. The MM's don't have to cover either. If you all keep buying, the price will go up. But who will you sell it to? And who do you think is selling all the shares wheich you all bought over the past couple of days? Think about it.>