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To: Ron Harvey who wrote (2325)8/11/1998 7:44:00 PM
From: del clark  Respond to of 4230
 
The volume size on such a small float is what scares most new investors off. That and the non reporting status is keeping the price down in my opinion.

The Yahoo thread can get awful chatty. I would recommend anyone interested in going through the yahoo thread to just read "cardshark_1999" and who he is responding to. He gives some very rational explanations to the float, shorts, and market makers in general. Then they have this guy "nutstoo" that is really something else.



To: Ron Harvey who wrote (2325)8/11/1998 7:54:00 PM
From: Harold Finstad  Respond to of 4230
 
Ron I think you may have it wrong. While the Yahoo guys are out to lunch they call their brokers and keep buying stock. Not spending a lot of time pontificating like some do on this board.



To: Ron Harvey who wrote (2325)8/11/1998 9:51:00 PM
From: tkb  Read Replies (1) | Respond to of 4230
 
I have been a long time reader of the Yahoo board as well as this one. Recently, there have been more Yahoos posting on that board. However, Cardshark, Flightless, gif, Nutstoo etc have done a great deal of DD. I think that the shorters probably shorted the stock originally since 90% of BB stocks go bankrupt. Later they had dug themselves into an untenable position and are trying to extricate themselves. I have no doubt that the short position is around 3mill plus shares. Look at the unofficial web site which has 3mill shares on it including mine. My two associates and myself have a total of over 100,000 shares and we're nobodies. Nutstoo, Cardshark, Kennedy Captital, and Colin Smith all have huge positions. Read that board and you will also be convinced of the short position.

tkb