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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (1638)8/7/1998 10:30:00 AM
From: Gerald L. Kerr  Read Replies (2) | Respond to of 3458
 
>>Since there were very few shorts getting in the other day when it fell from the 15s it can be logically concluded that those were longs dumping.<<

Agreed...momentum traders and other longs with no clues re the technology dumping on fear in a market climate dominated by fear. Also astute traders taking advantage of the opportunity to take profits and buy back at lower prices. Manny Asensio already had a large short position and was hurting bad...so I hear.

>>Since the stock is hard to borrow, I would expect that the shorts will not let go of their positions easily.<<

I hope not...although I suspect the more astute have already covered.

>>If in fact the company is selling snake oil, one does not call the snake oil salesman and consider his reassurance that snake oil is efficacious as proof that it is so.<<

Agreed..."one" should call Detroit Diesel, EPA, RATP (Reseau Autonome du Transport Parisien), Milwaukee Transit....

I am truly sorry that you have been unsuccessful in personally establishing a large short position at current prices.

Gerry



To: Mama Bear who wrote (1638)8/8/1998 10:35:00 PM
From: Tom Kash  Read Replies (1) | Respond to of 3458
 
Barbara, we shall see who is correct in the times to come.

I see that you probably don't know much about this company. I suggest you perform some research before being easily flushed out by the likes of Mr Asensio and Mr Plessis. I get this feeling that Mr. Plessis also has some financial interest in this company. I'll let you decide which side of fence he is on...Hopefully you can deduce that much.


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