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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (1731)6/27/1998 6:59:00 PM
From: Author51  Read Replies (2) | Respond to of 3817
 
I have to disagree about the shorting......I believe SEC rules prohibit shorting stocks under $5....You can of course short BB stocks thru a Canadian Broker...This is what I think is happening...We're still looking into it...I'll say this...There MUST be a heavy short interest...Either by MM's or a group of investors/traders..I think it's a combination of the two...But, remember, it's a relatively small float....they have to get the shares somewhere, and to kinda reverse some logic, what goes down quick, may go up just as quickly....If they really get caught short..We could see a spike to $1.00 and over very quickly....Peace