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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: Im-patient who wrote (3651)12/19/1997 10:14:00 PM
From: CMS27  Read Replies (1) | Respond to of 10479
 
Fred,

Someone had posted a link to a MM who had posted on SI. I followed some of his posts and he seemed pretty straight. At anyrate he described that market makers can and do short stocks in order to broker a deal. I'm not suggesting that is what Fiero is doing, honestly I don't care. FIBR is simply not widely enough owned or liquid enough to keep the effect of the market makers transactions from being so pronounced. I believe this is part of the life of a small cap stock. FIBR will outgrow this if they are succesful. What gets me is that the negative articles have shrunk the number of shareholders as well as prevented it from growing, thus we are still swung around by MM activity. The GigaMux is more widely publicized than the IQX-200 and more exotic. A purchase from a WCOM or MCI would legitamize this company for a lot of sideliners. Which could solve our MM problems. GigaMux could also flop and no one would want to buy it. I'm not hyping nor predicting what will happen. But the first scenario is why I'm still here.

Happy Holidays,

Scott



To: Im-patient who wrote (3651)12/19/1997 10:23:00 PM
From: lisa  Respond to of 10479
 
Fred,
Fiero is a short seller of Osicom, he will fill orders when the demand is high, even if he has no stock to sell, he borrows it, hoping to buy the stock back at lower prices.

BTW Feiro has been right for along time, from what ive gathered on this thread, i believe he is considering going long, not for sure.

I know he called in on the last conference call and was cutoff, i don't believe Osicom had the power to disconnect him, although he probably staged getting disconnected to help his cause.



To: Im-patient who wrote (3651)12/19/1997 10:28:00 PM
From: Robert Gordon  Read Replies (2) | Respond to of 10479
 
If you assume Fiero is already short on the stock then they want the stock to go down. Remember the shorts have to buy to cover so they want the price as low as possible.

I think the goal is to run up the price when they are long and then when it reaches a point they cannot sell the stock anymore they then switch sides and short the hell out of it.

I think FIero is now buying back shares to cover(at least it was said in earlier posts) Perhaps we are near the bottom and once again people will start pumping up the stock again.

I am hoping for a great few months beginning the 1st of next year

1) The January effect
2) 401K
3) perhaps the company is waiting for next year to start buying back shares..(next year the company will make a profit...is there a tax incentive for a company to buy back shares? IF so that could be what the management is waiting for)
4) Alot of analysts on TV say small cap stocks should rally next year
5) ABCN
6) Profits and higher margins
7) perhaps selling part of the company(cash will be used to buy back shares)
8) mergers a possibility
9) Court resolution
10) NMS listing (yeah right!)
11) Netarm!
12) IQX-200!!!
13) GIGAMUX!!!!!!!!!!!!!!!!!!!!!!



To: Im-patient who wrote (3651)12/21/1997 5:38:00 AM
From: Mama Bear  Read Replies (1) | Respond to of 10479
 
>>>If Fiero is representing a seller, wouldn't they want the price to go up in order to give their client the better price on the sale?<<<

What if the client said, "Sell it now"? As an active mm Fiero would buy those shares at the bid, then sell them at the ask. For the most part that's all the mm's want, an equal number of buyers and sellers, and the spread in their pocket.

One thing I'm not going to participate in is some conspiracy theory or pattern of blame againt the Fiero's or any short sellers. It is interesting to see them move onto the ask, but they do spend time on the bid as well. At times, they are on the bid and the ask simultaneously. I don't believe that short sellers cause price declines, they just profit from them. You may call me naive if you wish, however, I believe if there were enough buyers the sellers would move out of the way.

Barb