Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: bmart who wrote (1028)	8/23/1998 3:24:00 PM
From: Don Pueblo	Read Replies (1) \| Respond to of 26163

I hope that information didn't come from AZNT.

To: bmart who wrote (1028)	8/23/1998 4:33:00 PM
From: Janice Shell	Read Replies (1) \| Respond to of 26163

Legality' only is a question when the short was undeclared or naked. MM's supposedly have the freedom to keep a market liquid. The problem in the AZNT market is that illegally obtained shares were sold into the float. "Naked shorting" doesn't create actual "new" shares. Nor are the shares in question "obtained". They are simply invented. And people who do short naked don't hold their positions for very long, for obvious reasons: three day settlement, and all that. Sooooo...if "extra" shares have been entered the market, I'm afraid we'll have to look elsewhere. Just let me guess...