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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Mr Logic who wrote (4205)	3/5/1998 8:46:00 PM
From: Bill Jackson	Read Replies (1) \| Respond to of 18691

Patrick, A severe poison pill can be defeated by legal actions, as they are often just management golden parachutes. It is how extreme they are which determines if they are against SH interests. I suspect that the offers at the table were lowball, as Dome often does, and now they find they are caught. I suspect this will be an interesting run and might make sense to short, if as you say you can find shares to short. I suspect that they have been gathered/bought as margin was called and people paid them up fully and refused to hold then in margin accounts. Brokers might also say no margin on KRY unless you put up 90% Can you not open an account with asensio and have him short for you, or does he only do kings and other rich people. I suspect PDG will lose this time and the stock will come back in spades, so short with caution. The fact that you could not find any shares to short can also mean a short squeeze with asensio not short but long, but trying to get a whole sea ofg people to sell short, and the the squeeze is on. Nice thought eh. Short it and suddenly it is $450.00 as a short squeeze has almost no upper limit, althoug the exchange usually intervenes and forces and mediated settlement. Asensio holding 6 million shares when there is a squeeze.... As they say when you have them by the b*lls, their hearts and minds will follow. Bill Bill