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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?

To: John Fairbanks who wrote (971)	4/30/1998 10:44:00 AM
From: flightlessbird	Respond to of 4230

John F: Thanks!!! :) Sven: You are playing it correctly. The Market Monkeys are going to do this but so it goes. They know that every share they sell they are selling short at this point. So, they let the price rise on some buying pressure and just short at the higher price. That costs them less, so yes, it will rise and drop as a result of them. But it is still costing them and they are still digging a deep hole. Looks like they are going to dig a very, very, very significant hole for themselves as they are not quite as easily capable of knocking it down to $1 as they were. Far too much buying comes in now at 1.20 and higher for them to be able to do that (unless they want to stick themselves with a short position so ungodly high there is no salvation). They apparently need the money to fund themselves through this buying pressure, so they have to let it rise a bit to sell through it. Weird but looks like that is what is happening. As long as more and more shareholders join and hold and as long as buying pressure continues, these guys are DOOMED.