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To: robrt60 who wrote (6681)9/21/1998 11:16:00 AM
From: Keith A Walker  Respond to of 7054
 
I just love it when the market is down a couple of percent and Actrade is up a percent or two. Kind of a good sign.

Could the shorts have spent what they don't have on other issues that are collapsing on them? Or, just fanciful stuff to indulge themselves?

Just got the PR piece from Actrade over the weekend and they put a nice history of the short sales on the stock. I didn't realize it was over 3 million shares by mid-August. I want to believe the numbers, but, I wondered how a company with such huge insider ownership and only 8+ million shares issued could have such a disproportionately large short interest.

I hope we see 7000 on the market, cause the the shorts will have to cover to pay off their margin that is collapsing all around them.

Robert60, thanks for all of your hard work, both here and on Yahoo!



To: robrt60 who wrote (6681)9/21/1998 12:40:00 PM
From: Z man  Read Replies (1) | Respond to of 7054
 
Pinky and the Pinkettes, Now I like that one. I think the mental midget label has gotten a bit stale.

No deal for short singers, let Mr. Market play the next tune.
Now the big question is, As they buy to cover, will they actually receive the shares ( to repay their borrowings) or will they have to send out failures as well?

Regards
Zman