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To: Tom D who wrote (1823)3/1/1998 11:23:00 AM
From: Oeconomicus  Read Replies (2) | Respond to of 164684
 
all part of the bias against short selling.

You said it Tom. If the games that MMs play hurt long, small investors as badly as they do shorts, you can bet there'd be some noise in Washington.

Hey Joe, let's load up short (isn't it neat that we don't have to actually borrow shares or wait for an uptick?) and then drop our bids to trigger as many sell stops as possible (since we have the advantage of knowing where they are), create a selling panic, keep dropping the bids and then cover.

Ready when you are Frank. Those mindless small investors out there will never know what hit them; we'll just blame those evil short sellers (even though we really took them out too, just last week).


Paranoia is just a heightened sense of reality.

Bob



To: Tom D who wrote (1823)3/2/1998 10:24:00 AM
From: taxikid  Respond to of 164684
 
it is hard to calculate the short interest because the tally is in shares sold.. and the trade slips are the only proff. there are no actual shares...
taxi