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


To: Joe Copia who wrote (15)8/30/1998 7:02:00 PM
From: Michael Bendner  Read Replies (1) | Respond to of 73
 
Thanks for clearing that up! What it really comes down to, I suppose, is that all of this is transparent to the shareholder and it's OK to buy at pre-split prices anytime up to the close of trading on the 6th, unless of course the company requests that the stock begins trading at post-split prices as of the 4th.

Gotcha..
Michael Bendner



To: Joe Copia who wrote (15)8/30/1998 9:42:00 PM
From: KCsunshine  Read Replies (1) | Respond to of 73
 
Mr Copia -

Sincerest thanks for that data. I love short squeezes, as they are few and far between. At this stage, I have no position in this security, but shall be watching closely. It was mentioned that the short selling position would be increased sixteen fold, upon September seventh, yet if a new cusip number is to be issued, would that not require a physical certificate to be replaced, so that it would necessitate coverage of the short selling positions prior to September seventh? I think the bid price, ask price and volume have been fascinating and I will be monitoring this and aznt at the open tomorrow. I have recently taken a look at binc, a security I was privledged to own during a short squeeze some years ago. This security has had two short squeezes, and scuttlebutt talks of one catching it a third time. If you have an opportunity to examine binc, I would be very appreciative of your opinion. Thank you,

KC