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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS -- Ignore unavailable to you. Want to Upgrade?


To: Janice Shell who wrote (176)9/11/1998 1:55:00 PM
From: Cavalry  Read Replies (1) | Respond to of 1637
 
well janice two things to shoot you out of the water
1 all of the shareholders in this company hold restricted shares,
they cant sell into squeeze,
they are locked in till 99,
their investment has lost 66% of it's value due to naked shorting
2 believe company wants to do private placement
they just want the price back where it was before mm's wacked it.
this may go to 20-30 dollars, if it does i hope company sells mm's all the shares they are short, this thread is in short term trading catgegory, the people on this thread will sell after the short is broken and stock will return to it's fair market value or higher due to exposure this short squeeze will bring them, they are a great company whose business is growing by leaps and bounds and many people will stay invested after squeeze.
cav