Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : BAAT - world records for electric vehicles with zinc-air -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (1846)	2/16/1998 6:38:00 PM
From: Deeber	Read Replies (2) \| Respond to of 6464

Barbara, I cannot tell exaclt what each transaction is, you know that. The selling pressure was a combonation of the shorts going to work and the short-term traders cashing out. Did you see the volume that occurred as soon as the stock hit 3? It was intense. The shorts started to drive it down, then the traders started to selling causing an avalanche, the shorts covered starting at 1, which brought more traders into it, they shorted more at 2, drove it down again, starting the cycle over again. If you remember there were nearly 24 Million shares traded that day, and the next day had almost 20M shares, plenty of time to cover the shorts. There was little short interest in BAAT until that day, so when the massive amount of shares were shorted it casued the huge fall. They did cushion the fall at 1, it woulda gone to .50 id they would have allowed it. I have talked to the shorters and I know who they short through. Need any more facts? look at the price, I think that is good enough too. Ryan