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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: The Perfect Hedge who wrote (1045)	6/4/1998 8:08:00 PM
From: Gennaro	Respond to of 44908

For those not sure about what shorting a stock means, you might want to check out this site. quicken.excite.com There may be better explanations out there in cyberspace, but I guess this makes the point. If the brokerage house does not have the shares to lend, then the potential to short will be reduced. I guess the MMs speculated that the lack of news would drive the price down. So if I understand correctly they can borrow the stock from the brokerage house, sell it immediately, and then when it bottoms out buy it back up. Nice way to make a profit.