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

To: Ploni who wrote (4948)	3/13/1998 3:38:00 PM
From: Tom Hua	Read Replies (1) \| Respond to of 18691

When someone controls 90% of the float, can't he control the price forever? Only until the SEC steps in. There has been at least one lawsuit filed against Waldron on this issue. People who bought this stock may not be able to sell at all as Waldron will refuse to take their sell orders. It's free money if you could short it. Please let me know if your order gets filled. Regards, Tom

To: Ploni who wrote (4948)	3/13/1998 3:41:00 PM
From: Oeconomicus	Respond to of 18691

When someone controls 90% of the float, can't he control the price forever? Maybe, but he can never sell so what's the point? Unless, of course he can attract the same kind of cerebrally challenged people who were hyping NETZ and other pennies here recently. When they jump in, that's probably time to short (if you can). Bob PS: Where was that Gov't buying the S&P story? Sounds like a ridiculous theory, but maybe they were just confused - thought they were writing about Japan.