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Gold/Mining/Energy : Solv Ex (SOLVD) -- Ignore unavailable to you. Want to Upgrade?


To: David Coakley who wrote (5164)12/2/1997 8:05:00 PM
From: WTMHouston  Read Replies (1) | Respond to of 6735
 
Dave, or anyone else: what about the statement in the article about
JR being the "ex" Solv-Ex president? Was it true or just sloppy reporting? Still wondering....since no one has answered....

Maybe I have always misunderstood, but isn't it LEGAL for MM's to naked short stocks in which they make a market? Why can't they just set a very low bid and a higher than evryone else ask and buy on the open market? Even at 10K shares a day, which may be conservative, they can cover 250K shares a month...it may not be millions, but it ads up to a lot over a fairly short time if they truly NEED to cover.

Troy