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Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (2170)	8/6/1998 3:07:00 PM
From: Lucky Charm	Read Replies (2) \| Respond to of 4814

Thank you, but lets say, there is shorting going on out of Canada, when would it have to be covered? It has been my understanding that there are 3 1/2 to 4 millions shares that have infact been shorted on this stock. My only question is "When will they have to be covered" If this is the case and these shorters must cover there position, then I would assume the stock would rise. I'm just looking for a time frame here. Kristi

To: Augustus Gloop who wrote (2170)	8/6/1998 5:26:00 PM
From: ColleenB	Read Replies (1) \| Respond to of 4814

I would have to agree with you Nasdaq. Shorting at this time is not what is causing EDII to sit at these levels. Driving factors for stocks to MOVE are buying AND selling. Here, we seem to have a stale mate, very little volume over a course of weeks indicates that this is not happening. IMO, the stock has been so beaten down over such a long period of time, investors have left the scene. And are probably not willing to buy the stock back because of the shills parked on EDII's stoop and not because of poor fundamentals. Then there's the little scandal over at MTEI, I'm sure that we are seeing some back lash from it. I have throughly checked into this and am reassured that what is going on over there will not involve EDII, but we will be impacted somewhat. EDII has too much going for it and it will eventually recover. The changing of the certs might just be the catalyst that we'll need to gather some momentum. And if this does not create enough of a momentum, the release of the financials due out in a couple of months should do the trick. Once the financials are released, the shills will not be able to park their little hinnies on EDII's doorstop and we'll be off because then we'll have the proof in numbers what Danny's been telling us all along.