To: I Am John Galt who wrote (48496 ) 6/19/1998 11:16:00 AM From: RBM Read Replies (4) | Respond to of 55532
Matty, You know, that comment just isn't necessary. There are alot of real good people here, (and you know that) and if you all really did your homework you would understand that ILLEGAL short selling happens all the time in this market, (literally with every gosh for saken issue) I am sure that the short in RMIL is larger then the float... Lets look at a few relavent things... DM already admitted it.... 1... The people in Canada may have been short at .20 cents, and they were sure the hell short at 1, 2, 3, and 4... thinking that this would all come down, and I am sure they haven't covered..... Hell when we went from 2 to 1, even more probably jumped on going for the throat... The Market Makers who were making a market sure the hell got short the first few weeks this happened as the volume was blowing up, and the float, at that time was probably no more then 2 million, and there is no way they just had that sitting in inventory, so they had to sell shares, and just hope they got them back in the end. If anyone (not you al :-) wants to point fingers, just point at Roland and Gary, but more importantly, point at yourselves if you didn't call for your certs in the first place. We got people everyday now going, well I finally did it. YOU WERE JUST GOING TO RIDE OUR COATTAILS TO HEAVEN and leave us holding the bag for you. I can't believe that Riley and the rest of us were saying everyday call your certs and you were just sitting there thinking this could happen without FULL participation. Everyone knows that shortsellers from Canada and Market Makers own this market... I remember the days when Nays would say, no they don't short these issues... Freaking Kugler would always say it wasn't happening here. Lets just step out of our shell for one second, if you were a market maker or sitting with an account in Canada, and you see a stock run from .20 cent to 4.00 and you think clothing is a worthless industry, you short this thing like crazy. That is the mentality that we are working against. Along with the DM's of the world, (who is probably the biggest scam sack of shxx we have run into, look at his track record with companies.) But Matty, the Fat Lady hasn't sung her song yet, she may be getting ready, but she ain't done it yet. So clam up, even if she does, it won't do anything for your reputation. Rob