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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: TraderGreg who wrote (1270)11/20/1997 4:37:00 PM
From: wlheatmoon  Respond to of 11708
 
TG,

Tell whoever is adding to put 3k more into the SI-CSMA account. Not that it would add much to the huge volume we have here, but I did get more at 1.37 this afternoon. Averaged down to 1.5 a share now. Am locked and loaded and ready to battle.

BRING 'EM ON...
MChen



To: TraderGreg who wrote (1270)11/20/1997 4:41:00 PM
From: sweez  Respond to of 11708
 
Thanks for Clearing that up for me TraderGreg. I heard that about holding you own Certs. But didn't want to believe it. My broker has mine. I didn't want to beleive it. I going to call him now.
What if he doesn't have them. ?? Does this apply to all stocks.
I heard some brokers charge you extra to send your certificates.

Thank again Sweez



To: TraderGreg who wrote (1270)11/20/1997 5:35:00 PM
From: Land Shark  Read Replies (3) | Respond to of 11708
 
Hi Greg,

When you call in the certs are they taken out of the float (i.e. not available for trading)? Would this make the float smaller and
the trading tighter?

In my understanding that undeclared shorting means that there is no
limit to the number of shares that can be shorted. While calling the certs forces a cover, it doesn't stop more undeclared shorts from
flooding the float.