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

To: taxikid who wrote (853)	9/22/1998 8:07:00 AM
From: The Street	Read Replies (1) \| Respond to of 1637

Kid, For someone who insists they know a lot by reading books you sure show your lack of knowledge of the real world. Live in your textbooks-- I live in the real world. And I have found those who say things about age are usually talking about themselves. So, I bet you are the wannabe youngster. I am 35 and have been investing and trading for 13 years. I cut my teeth on bonds in the mid 80's and made a killing. Then I played GOLD STOCKS for 7 years. During that time I was a real estate developer, broker, and investor. I did over $9,000,000 on my own account. Then I was in the financing industry. You see and learn it ALL with GOLDS. I have proven our main argument-- that NON-US CITIZENS are the only investors allowed to LEGALLY short non-marginable stocks. Everyone else here has backed me up. I posted the laws/regs outlining my point-- you obviously have not read them because they say exactly what I have said in our original argument. It seems to me that you understand text book examples. But, it is obvious you do not understand the real world of offshore convertibles, Canadian shortsellers, and how small caps are financed. Plus, your account is obviously small or you would realize that a broker you have a good relationship with and a large account with will let you practically do anything you want. Like using the 3 day settement stradle to short stocks. And they will play WITH you. Commissions are secondary if they make the trade in their account too. Life is too short to argue with the likes of you. I have seen it for years. I won the original bet and you persist and have broken your side. Typical from a small timer. Bet all that happens to you is the fault of others. Good bye youngster. TS

To: taxikid who wrote (853)	9/22/1998 1:24:00 PM
From: CrazyTrain	Read Replies (2) \| Respond to of 1637

I think you should have read more of this thread before posting your responses. It seems you are under the impression that we want to short penny stocks? All that has been said is that there are those who can short penny stocks (MM's and foreign investors). A better point to make would be how can we find out for sure that a penny stock has been undeservedly shorted beyond the float and what if anything we can do to force them to cover. Also, not all stocks mentioned for shorting are penny stocks. Please don't take offense to other posts who question your experience. I think the differences between your views and others on this thread are semantic. I value objective posts for all experienced investors and I think Cav would agree. It seems to me that you have gotten the impression that we on this thread are saying that "you" can short penny stocks. If you are looking for stocks to short then I can see that the penny stocks are of no value to you. This thread is not about us shorting penny stocks, but it is about causing those who have overly shorted a good stock to cover and gain in the upward momentum that would cause. This strategy may not be possible on a penny stock unless the company itself is trying to break the shorts. I think once you understand our viewpoint on this thread it will clear up the misunderstandings. MRF