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Gold/Mining/Energy : Billy Boyle Investment group and Geologist page -- Ignore unavailable to you. Want to Upgrade?

To: Editor1 who wrote (16)	7/19/1998 3:49:00 PM
From: s1itnel	Read Replies (2) \| Respond to of 92

Billy Boyle Link and Resource Guide Billy Boyle Profile: Member 4657997 Billy Boyle's threads: 1. Cachet enterprises the JEWEL of the VSE: Message 4831879 2. Cachet Enterprises the crowning Jewel !!!! Message 4831760 3. Billy Boyle Geology Page: Subject 21981 4. Billy Boyle Investment group and Geologist page: Message 5243946 Threads that Billy Boyle hypes CED on while 'quietly' trying to accumulate: #1 Canadian Small Caps: Message 4831660 Canadian Hot Stocks club - CHSC: Message 4831847 Cachet Enterprises Home Page: www.cachet-enterprises.com/. Email address: info@cachet-enterprises.com Billy Boyle Official induction into 'Hypester's Corner' thread: Message 5241458 Rare second nomination: Message 5242399 Original Nomination: Message 5236851 Internet 'Club' investigation, Parts I - V: Message 5181834 Message 5194581 Message 5196383 Message 5222088 Message 5230131 Homepage for 'Data News', formally McDO investment club (known to hype CED.v): members.wbs.net Reccomended reading for anyone thinking of buying a stock BECAUSE of a recommendation by a 'club', 'free newsletter', or online 'tout': Stock Detective: Stock Schemes, Scams, and Scum stockdetective.com Deadly Art of MArket Manipulation (posted by Bay St Rat) Message 5243975 Anatomy of a Penny Stock Promoter: 207.102.98.109 More about Stock Operators: Message 5197957 SI Threads of interest: Hall of Shame (naysayers, hypesters, MM henchmen, gasbags) Subject 20900 Hypester's Corner: Subject 21217 HUG A HYPSTER - THEY NEED LOVE, TOO!!!! Subject 22008 Grinders and Gripers Coffee Shop Subject 21678 Thread Morons: Subject 20633

To: Editor1 who wrote (16)	7/19/1998 4:58:00 PM
From: The Osprey	Read Replies (1) \| Respond to of 92

Not just your wife is laughing at you but so is everyone else. You obviously have not shorted a stock before.I call my broker and tell him I want to short a stock.At the current price.He searches to see if they have the stock available.He then checks my account to see if the money is there to cover the purchase even though he does not touch my account.It is similar to a margin with the money there to cover. In effect I am borrowing to buy the stock at that price. Usually there are a number of factors that prompt one to short a stock. Bad news,A massive write down of a property or a stock that has been moved on hype and no substantial news.If I were shorting(CED)I would buy at 1.25 and sell into the bid.This would be with a weak market depth on the ask down to what I think the staock would go to as a low. In spec stocks or promoted stocks this is usually the point just after the long run on the second shoulder.(Something Billy won't understand I am sure).I should point out that on occassion there is a third small run called a dead cat bounce that has nothing to do with promotion but market speculation but it usually fades fast. As to needing 100 times the money according to our geoligist friend Billy Bop, he obviously is in the dark and just learning the business.You can short 10,000 or 1,000,000 shares.The trick is to know the stock and to due your own in depth DD(DUE DILIGENCE).Know what affects the stock and how it reacts as well as the current state of the sector you are shorting. Billy Bop thinks you need to sell into all the ask but he fails to realize people who short usually can make more money in a shorter period than people who go long and out. It all depends on timing and knowing what you are doing. Somethging I think Billy Bop has missed out on due to his amateurish approach. An example of a short is this Billy. I look at a stock say CED(only an example as this is the stock you are spamming) I place a short order for 10,000 shares @ 1.25/share.My broker looks at my account.If I have the money or the resources to cover the purchase he loans me the shares. Lets say John Doe was moving the stock up on Hype and we knew that and the bid was weak down to say .95 or even lower.I along with other shorters would start selling to the bid and the price would drop. Then people would get nervous and those long may sell as well as they have a stop loss in place.The price now drops to .95.I then place a buy order if I feel this is a low. If I feel it will go lower I wait.Lets say I bought the 10,000 shares at .95. It would cost me 9500 to buy the shares back I borrowed from the broker to replace them.I give the shares to the broker and he credits my account with the 3000.00 I made on the process less some interest and of course some brokerage fees.The danger here is if a stock rebounds quickly and then you may have to buy back at a higher price then you shorted at originally.(Billy will pick up on this as he dosen't realize all the implications I am sure.) This is very simplified but I have done it this way so Billy can learn something. He has a long way to go.I think he better ask Dad if he can buy another 1000 shares.<GG> OSPREY PS keep talking Billy<ggg>