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Technology Stocks : Advanced Engine Technologies (AENG) -- Ignore unavailable to you. Want to Upgrade?


To: LIQPLMBER who wrote (987)6/24/1998 10:28:00 AM
From: PaulB  Respond to of 3383
 
I used to post here allot and keep watch over the board and would like
to offer a suggestion to the longs. If Auric etc are all short they have to use your shares to short them. I have seen it suggested many times that if you take possession of your certificates from your broker and there are no more shares to short then they have to cover.
Now if I remember correctly the total number of outstanding shares here is low. Hardly any public float. Sounds like the idea might work and cause a short squeeze.

Just thinking to myself . Back to lurking

Paul



To: LIQPLMBER who wrote (987)6/24/1998 3:57:00 PM
From: 246810  Read Replies (2) | Respond to of 3383
 
You guys have forgotten what post #329 said. You are just parroting your same old line. Nobody really cares if those two off-shore companies were owned or controlled by Murray. They were set up in that tax haven to receive 200,000 shares of stock each and they both sold at $4.00 per share to some investor who hopefully got out at $8 to some investor who hopefully sold out at $16 etc. The only problem is that the guy that bought at $29 is holding the bag for a long time or maybe forever. This company has no defensible patents on the basic engine design, and therefore, in my opinion the company is worthless because anybody, including Shelby and the U.S. Army can build this engine without paying a license royalty to AENG. Since the engine hasn't been produced successfully since it was conceived in 1909, my opinion is it won't be now. Just because a kite goes up in the air doesn't mean you can ride it to Kansas City.

246810