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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: David Bartkowski who wrote (4788)4/12/1998 8:42:00 AM
From: blair holder  Respond to of 19331
 
David and Bruce. EUTO comparison. Another difference is that the short party in Canada has his restricted stock which could become at risk!!

I'm not a lawyer, but when there are assets and exposure, I would be looking closely at the risk.
Anyone know of any precedents??

BH



To: David Bartkowski who wrote (4788)4/12/1998 1:41:00 PM
From: Colin Cody  Read Replies (2) | Respond to of 19331
 
IMO, there is little practical difference if a professional short happens to be registered as a Market Maker himself personally, or if he has an associate relationship with a registered Market Maker.

I believe if you look at "the box" for DCTC you will see the associate Market Maker involved here.

There are LEGAL differences, some of which may favour a non-MM shorter...

Colin

re Also, if I would have to believe that if brokers/MM and others saw a large short position coming into play, they also would start shorting themselves (disclaimer - pure speculation) to pick up some profits on the way down. If this is true, our short position might be a lot larger than this one or two individuals that were found.

This was factored into the short position I posted last week...