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


To: Jeffrey S. Mitchell who wrote (1776)8/26/1998 1:09:00 AM
From: bmart  Respond to of 26163
 
Mr. Mitchell,
Your diligence is poor in this area, refer to the company's press releases regarding the incremental phases of cleansing the AZNT market.
The last phase has yet to be announced. The Federal court ruled today, public knowledge. The servers will do their work tommorow, then I believe the last phase will be announced in orchestration with the court order being served.
The AZNT market is being made naked. The price has spiked because the MM's have been running north to escape the orders they will eventually have to cover. Meyerson asked the company for 800K wholesale, NITE wanted 2MM shares.
So you see, the short squeeze hasn't even started yet. BTW, did you watch Meyerson on the bid at the close? NITE?

RB



To: Jeffrey S. Mitchell who wrote (1776)8/26/1998 7:26:00 AM
From: Lucky  Read Replies (1) | Respond to of 26163
 
Simply put my short like everyone else is naked.What's funny about this situation is that the company has asked shareholders to call in their certificates to create a squeeze but if the short position is naked then this will have no affect as naked shorts never have to worry about having their shares called in.Thus the squeeze would never work.Those press releases last month smell more like a scam to me.As a naked short I can never be forced to cover.