To: Russell Gish who wrote (188 ) 11/9/1997 12:51:00 AM From: franco Respond to of 11708
This is the way I see it: I agree that most attepted squeezes are a RUSH... downward that is... To put things in perspective, Shorty's record is about 1000-1 over the last year with maybe PRST as the only winner. All the other fights were cakewalks with EASY 1st round KNOCKOUTS. Check out UPET @ 3/16 putting up a GOOD FIGHT with a 500000 short interest Aug 2. BIG BUYERS with million$ tried to squeeze Shorty to $2 where they could convert their debentures. Well UPET ran to 7/16 in the second round but then was EASILY KNOCKED OUT by Shorty at 3/16 2 days later. See:ww4.techstocks.com I'm sure Shorty was HAVING FUN & Profits with C$MA when it was a $10 stock with a corner on the "cowboy hat" car air freshener market and a $2000/day revenues Disposal well Shorty was even havin' a GOOD TIME knockin' C$MA the week of the the Pickens deal- after all only a few hundred thousand changed hands- TIME TO SHORT SOME MORE!!! Well what he didn't figure that all along the INSIDERS WERE CALLING CERTS and then came the BOOM SHAKALAKA internet FEEDING FRENZY, along with INSIDER BIG BUYERS. Shorty first tried to play it off the first round, but then resorted to desperation NAKED SHORTS to weed out a few quick dumpsters(which worked a little in rounds 2 & 3), but then ran into BIG TROUBLE when the dumping stopped and he had to create HIS OWN DUMPING thru more naked shorting and was winning Round 5 handily on Thursday. Then pandemonium hit the trading floor Thursday afternoon, as back came Kid C$MA with the "shot heard round the world"- 200000 BUYS, and Shortys friends watched in horror as the champ couldn't RESPOND and was knocked to the canvas with a 130000 BUY at the bell. Shorty has NEVER been down this late in a fight- maybe only 1 on 100 get past the third round! Now Shorty is faced with not only covering his original shorts, but covering his naked shorts as well! And where will the sellers come from? Not from the inside, where there is BIG BUYING and CERT CALLING. On the outside, I'm sure everyone is aware of the $700000 revenue Disposal Well turning into the $52 million revenue Disposal Well in February. They know about Pickens boys running around New Mexico striking oil deals. Who's going to be stupid enough to sell back at .30, .40 or even .50???? And the Shareholders meeting and Form 10 reporting are just 15 trading days away. With 13 mil outstanding and money in the back, C$MA's gonna go straight up with or without Shorty's help- the fundamentals are there. Now back to Shorty's dilemma- who's going to sell as he needs to cover as the cert calls keep coming in? The internet has GOTTEN THE WORD OUT and Shorty is in DEEEEEEEEEP trouble this time, and now can SEEEEEEEEEEEEEEEE his future, BEEEEEEEEEE his future in the PRST charts! OK, maybe I'll get a little greedy in the $20 range... GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO C$MA!!!!!