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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (684)8/22/1998 2:05:00 PM
From: bmart  Respond to of 26163
 
......"Chickie, there is much normal people fail to understand about the
company's diabolically shrewd move to stop the terrible terrible illegal
shorting. I confess I fail, for example, to see why such a great deal of
preferred is about to be issued.

But never mind. That's not the point of this thread. The point of this
thread, and of it's main contributors, is to stimulate and Enormous
Short Squeeze. And if they can't actually stimulate it, they'll rope in
the dopes by trying to simulate it. ".....

Ms Shell,
With all respect, the company has publically said why they cancelled common stock in leiu of preferred, you just demonstrate that you have not performed the simplest of diligence, this point is essential in understanding the short squeeze at AZNT.
Ms Shell....is there any reason at all AZNT is a poor investment?, Anything at all?

RB



To: Janice Shell who wrote (684)8/22/1998 3:15:00 PM
From: Don Pueblo  Read Replies (2) | Respond to of 26163
 
OK, good. See, here is the deal. I saw this post by Icabod:

The most interesting day's of shorting are coming to an end. Yes, there was more shorting today and yes, the canadians are threatening to "BRING IN THE BIG BOYS", but I wonder what their plans will be when the stock is all pulled in by the shareholders(soon)and they are forced to deliver securities of AZNT when they don't have any. Here is how it will work. A new CUSIP # and symbol will be implemented. All shareholders will be required to get their shares of AZNT and physically deliver them to the transfer agent to get their new shares along with the stock dividend. When they can't get their shares from DTC, then DTC will require that the shorter's have three days to
deliver the shares. If they are not delivered, then criminal charges will be filed against these people for FELONY GRAND THEFT. You see they sold a product and took the money and didn't deliver. This action is suggested by the SEC. However, they will be able to cover at the offer of the new stock. The offer of the new stock will be $10/share. All shares will then be reissued. Look's like they dug themselves a hole and are digging a deeper hole. I don't think these shorter's are very smart. If they drive the stock to .01, then they could possibly make .75 share, if everyone sold their stock. But , If they are wrong, they lose 9.75/share. Not a good gamble.


I don't understand it. That's it! Geez. There are references to "the Canadians", which I assume is that lunatic rumor started months ago by Dixie, and I get the first part, the "call in the certificates" ploy (which although it makes sense, I have never actually seen done, only given as a lame excuse, usually just prior to a reverse split or a secondary offering) to make the alleged short sellers buy back to cover, theoretically at a higher price.

Then we move into The Zone. Does Icabod know what the Depository Trust Company is or what they do? The SEC? The alleged short sellers allegedly don't cover... (uh... once the shareholders actually do take delivery, once delivery occurs, the short squeeze is over, there is no stock available to short!)...but instead somehow cannot buy back the stock they allegedly sold short (huh?), and some mysterious entity (backed by the SEC? The DTC??) files Felony Grand Theft charges against these alleged short sellers for the crime of...what?

However these alleged short sellers (who are now felons?) can later buy some completely different stock in the same company at a premium of approximately 10X what they originally sold short for (huh?), thus putting them in the poorhouse prior to their trip to the Graybar Hotel.

Right?

Icabod appears to understand it, since he asked me if I were afraid of the truth, implying that this scenario is the truth. That's fine, but I'll go out on a limb here and suggest that the whole thing is some insane hallucination.

Most people have no idea how hard it is to short a crap BB deal. I personally would never even waste my time. Anyway, it's really not that hard to find out if the stock is shorted. If it is heavily shorted, then the "calling in the certs" handles the "problem". I don't understand the SEC/Felony Grand Theft/different cusip #/stock exchange hallucination. Is it supposed to make the shareholders feel better? Why do they feel bad? Why call in the certs? Does somebody have the idea that shorting a stock causes it to go down?

Was this nonsense suggested by the company itself? If so, my advice to anyone who owns the stock is to sell it on Monday morning.

Do you get it? (cause I sure don't) TLC (WAMM #6)