SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: RBM who wrote (102)7/23/1998 7:31:00 AM
From: Dean Dumont  Read Replies (2) | Respond to of 26163
 
Rob, I hear ya. The one thing you need to look at is the trading log, How on retail buying(market orders) can a stock go down and the spread remain the same. Interesting thought.
Today should be interesting in respects to events that the company has taken to insure that the 4,000,000 shares is removed from the system. of that 4 million, 2 has been sold.
800,000 in the float, even if they could buy the entire float there would be and balance of 1,200,000 shares. Where are they going to get that. One place, the market.
Problem there as well. Where is the stock going to settle down. With everyone virtually pulling out there certs and reducing the float, this cover will become even harder. The MM's do not really think what is about to happen will. That's their problem. When it does they will short this puppy all the way up. Problem there, How are they going to justify shorting the stock when there is no paper to back them. Hmmmmm.
Neww is pending and the company is going to be expanding into other states, with the sweetiner and is also hoping to be in all 50 states by the end of the year. So, how will the market makers justify shorting a stock that is creating further values and earnings, with that all important item called REVENUE. They cannot.
To many activities corporatly for anyone to short the stock, even with only 800,000 in the float.