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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?


To: Beermeister who wrote (127)6/20/1998 11:44:00 AM
From: Andrew H  Read Replies (2) | Respond to of 2153
 
Daryn, ignore RLM. Comes with the territory when you put out recommendations. He may have bought at higher prices and be disturbed at the recent decline. In regards to the company, they have been very good in their communications with me. Irwin called me back immediately when I left a message. Give him another try, although I don't know if he has the information you need.

A short squeeze here would be great. The last 2 days of volume have been the heaviest in a very long time. I suspect the company is supporting the stock price with their recently announced stock buyback program.



To: Beermeister who wrote (127)6/22/1998 10:29:00 AM
From: R.E.B.  Read Replies (1) | Respond to of 2153
 
I've done some homework on BB shorting and there is really no way to know exactly how many shares are short. You can only get a "feeling" by watching a level 2 real time program to look at the manipulation.

If they list on the AMEX, then the short shares are reported periodically. If you think the stock might go up (as I do) then eventually the shorts will have to cover.

At least for me, I'm ordering out my certificate........ someone's got to deliver, right? And if you are a MM who sold me a short share, you better go out and buy me a certificate ha ha ha ha.