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

To: Sir Auric Goldfinger who wrote (1077)	7/1/1998 2:29:00 PM
From: Greg Cummings	Read Replies (2) \| Respond to of 3383

Auric, Have you heard of supply and demand? I expect this to be very tricky for a guy like you, so please pay attention. What happens when regulators issue buy in notices? The company that's short has a few hours to produce certificates. If the certificates are not produced, a third party goes to the market and attempts to buy in the shares. The rule is......they must only buy shares from market makers that will guarantee delivery of certificates. That means, no short sales in a buy in. If the 3rd party company that's responsible for conducting the buy in contacts 5, 10 or 15 companies asking them to please produce some shares, but no shares or nearly no shares are produced, what's the next move? They may call around asking at what price a market maker may be able to produce the shares. If this becomes an above market buy in........that's tough! There's nothing illegal about supply and demand, Auric. It's a fundamental rule of our economy. If I go to my local market and they've had a run on watermelons, I may journey across town in my search. Pulling up to the last store, I find a crowd gathering in front of an auctioneer. If my friends (regulators) have demanded that I not return without watermelon (AENG certificates), I may pay $100 per melon (share) for my mistake of not buying when I had the chance (or not going short). IMO, the shorts were let off too easy. We'll see what happens next time........... Supply and demand is the key. Auric, the money will be made in AENG on the long side. You may make a dollar or two on the short side from time to time, but it's peanuts compared to the long. You won't win this game! For the person who asked the ____ question about why I continue asking for Auric's name, company and licenses, it's simple......Auric is violating the rules of the SEC and the NASD and that's a crime. I report criminal activity, I don't turn my back and pretend it doesn't exist! Best of Luck, Greg PS. The above contains only my opinions.