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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?


To: blash who wrote (2747)9/6/1998 5:11:00 PM
From: stanley new  Read Replies (4) | Respond to of 4230
 
blash--thanks for your response. I may be totally wrong, but I do not think the stock will see $20, $50 or $100 for years, if ever. Fair value seems to be $6 to $10, and a short squeeze might push it to $10, but I doubt that will even happen. Sure hope I am wrong.
Does anyone know what happens to a naked short who can't or who refuses to cover their short in an extreme situation? What happens in the event of such a default? I am not knowledgeable of these type situations and I am sure others here would also like to know the answer to such questions if someone would be so kind as to answer.

What do all of you think will happen next week? Does price slip some after such a quick rise? Sure an interesting stock!!