To: s martin who wrote (3344 ) 9/2/1998 2:25:00 AM From: zonkie Read Replies (1) | Respond to of 26163
To all, Well, today is wednesday the last day to cover (supposedly by court order) for whoever the hell that is claimed to have illegaly shorted this stock. That person (or company) seems to change a lot depending on who has the soapbox at the time. I guess illegaly shorting a company like aznt is a very common thing and probably would surprise most of us to know just how much it is really done. If there are illegal shorts I really hope they get what's coming to them and even more. I will give them credit for one thing, it appears they picked a great company to short for the long run. If it was possible for me to short it I think I would give it a try but first I would need to have more information pertaining to the float, the shares outstanding, the shares short, insider selling (or buying, lol), when restricted shares become free trading, the ability of the shorts to cover, who the market makers are and their past histories and, and, and ............. The only reason I have seen that I feel would convince anyone to go long aznt is that there is MIGHT be a 4.4 million illegal short and an 800,000 float. Some of the bulls claim to have a document to prove that someone (the names change) or a bunch of people have until the market closes today to cover or they will go to jail. If I was long and had such a document as that I would post it right now and that is one of the mysteries to me. What possible reason would there be for hiding it? If it were real (i'm not saying it's not), and posted here, I bet the volume for the past week would be double at least and the price of the stock would be over 5. zonkie......