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 : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: risk-averse who wrote (22460)8/19/1998 4:08:00 PM
From: bullmarket  Respond to of 50264
 
The "strange" activities consistent with MMs covering are continuing, with large volume sliding by after the market closes. It seems quite a number of short positions are being "covered" over the last few days.
PS;another 4K of shares sliding by way after the close for a total of around 35K( after market).



To: risk-averse who wrote (22460)8/19/1998 4:12:00 PM
From: jaydee  Read Replies (1) | Respond to of 50264
 
I have a general question with regards to the shorting of BB stocks. I was in contact with a broker and he says a lot of these hedge funds short the stock on the way up and when the buying drys up, they short the hell out of these stocks.
In other words, they let it fly on volume and then whack it down.
He also said that it is allowed in the US, not just Canada like I have been led to believe.
We have to believe in JC to bring us out of this slide.
tick tick tick