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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?


To: Mike C2 who wrote (1846)8/26/1998 3:56:00 PM
From: Q.  Read Replies (1) | Respond to of 3458
 
Mike, re. short interest, what's a measly 2.8 M shares? Heck, on a good day the co. itself could sell that many shares. ;-)

You are quite welcome for the translation of the Welt article. It was a lot easier than the FAZ article. The Welt reporter, though, seemed to be less on top of things ... notice for example his/her confusion about what Asensio said about the Turbo patents.

To answer your question, I can't answer, really. I don't have much to say about Asensio, because IMO he is not the issue. The issue is the stock promotion scheme and the underlying lousy co.

I do my own research from original sources, as I recommend that others should do. I don't really care much what Asensio says, because he isn't an original source.

BTW, I'm just participating here for the pleasure of the camaraderie here. I don't actually have a position in this stock anymore. The other day I thought I would pitch in and help reverse a big intraday decline. I did this by buying some of Nowek's fine new shares when they slipped below 6.

That was just a trading maneuver, though, and not my expression of what the shares are really worth, though. Based on the value of the wheel division, I think TRBD shares are worth about 2-4 bits. Today anyway. Less tomorrow, after they dilute the stock some more.