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Non-Tech : DMIL DeMil International Inc -- Ignore unavailable to you. Want to Upgrade?


To: David Meyer who wrote (9)8/30/1998 11:24:00 AM
From: Joe Copia  Read Replies (1) | Respond to of 73
 
ICEP, from what I read in the PR, stated they are doing a 16:1 forward split and they are changing the CUSIP.

Now if you are short this stock, after the split you will have 16 times your original short position.

Also, from watching the real-time price movement it is evident, at least to me, that this is a classic "bust-the-shorts" / short squeeze.

biz.yahoo.com

the above is the news release.

Check a chart and see that when that release came out ICEP was
$1bid x $2 ask.

I see nothing but upward movement as all shorts ( naked, illegal, whatever) begin to cover.

We Shall See.

Joe PTG&LI !!!