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Gold/Mining/Energy : Sideware Systems - SYD.u/V, SDWSF -- Ignore unavailable to you. Want to Upgrade?


To: zarman who wrote (2393)11/6/1997 11:02:00 PM
From: Author51  Read Replies (1) | Respond to of 6076
 
Again, Zarman, I NEVER said it was smart....I said it happens......Why don't YOU check out my example.....EXSO........They played the spread....about 4c....the stock traded between 28c and 25c........volume was in the MILLIONS......just what the hell do you think was going on there? IF not shorting and attempted manipulation...The stock was recently delisted from NASDAQ.....Do the research and then tell me I'm wrong......Thanx



To: zarman who wrote (2393)11/6/1997 11:19:00 PM
From: Author51  Read Replies (2) | Respond to of 6076
 
Just one more post as I sit here and try to figure out some of the comments on this thread.....According to you guys there should be NO short position against JOT...because as you say......it's not a good idea...or you can lose alot of money shorting a $1 stock....the fact remains there IS an outstanding short position on JOT...check the VSE short position calculator, if you can.....look at the history and notice how the outstanding position DIRECTLY affects the price of this stock...it's a historical FACT......Can these bozos get caught with their pants down? YES.....And I think they will.....I think at some point....some of them have.....But it's very easy with a stock like this.....with average trading volumes like JOT has to drive the price down....if that's what you want to try and do......So much easier than trying to do the opposite......Notice the price of JOT since Mr. Cohen purportedly dumped his 130,000 shares.....combine that with the shorts...and we're looking at what 93c-----96c----when the stock should be trading around $2 Canadian RIGHT NOW......I'm long on JOT and intend to stay that way.....but don't kid yourself into believing that there is no attempted manipulation going on here with JOT....Especially on the VSE which has a long history of this crap......Ever hear of the Pabst boys?