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Microcap & Penny Stocks : Short Squeezes -- Ignore unavailable to you. Want to Upgrade?


To: Street Walker who wrote (130)10/12/1998 10:33:00 AM
From: Spider Valdez  Respond to of 182
 
yes! eggs might be good squeeze! i believe it is setting-up now for big covering! i remember louis riley talking of this potential squeeze months ago and i been watching closely since. for the moment i believe best squeeze is aznt. 4.48 million shares will be delivered to court very soon. company got injunction against clearinghouse jboxford who was backing firms shorts with invalid 144 stock. company won injunction against jboxford for delivery of 4.48 million shares. the short position is 3 million shares. remember ktel had float of 900,000. aznt float is 720,000. the freeze at dtc has been lifted. i believe market will react later this week. aznt is victim of big smear campaign. all who have been in short squeezes know this comes with territory. remember ktel! lolol!

Talk : Web/Info : K-Tel (KTEL) Have the cheesy '70s records come to an
end?

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To: justpassinthru (1531 )
From: Louis Riley
Monday, May 4 1998 2:30PM
ET
Reply # of 2383

Man, you guys are desperate - here's a bone for you.

A reporter from Reuters has been hounding me all day. He is going
to write a hatchet
job on KTEL tonight, obviously, working the manipulation angle all
the shorts hold so
dear.

Maybe he'll budge it a few points for you.

so we wait for delivery of stock. company will call the 4.48 million shares into name upon reciept. i watch eggs very closely. i suggest you look closely at aznt. do not expect to learn much on aznt thread. smear campaign has resulted in posting phoney documents, talks of 1 year trials before delivery of share, incorrect float numbers, made-up storys of why financials are tardy. all who have been in squeezes know of these things. but to this extent suggests very big short. good luck and i watch eggs very closely!
spider



To: Street Walker who wrote (130)10/12/1998 11:34:00 AM
From: Spider Valdez  Read Replies (1) | Respond to of 182
 
street walker do you know float of eggs and outstanding shares? i get different number from different sources. i tell you thank you. i like aznt like ktel because of small float!
spider

Talk : Web/Info : K-Tel (KTEL) Have the cheesy '70s records come to an end?

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To: DarrenS (52 )
From: Louis Riley Wednesday, Apr 15 1998 11:08AM ET
Reply # of 2383

<< ...Remember the float is just 4 mill. ... >>

Sorry, but that is incorrect. From recent 10-Q filing:

<< ...At February 9, 1998 there were outstanding 3,815,609 shares of common stock,$.01 par value per share, of K-tel International, Inc... >>

Of those ~3.82MM shares, only 900,000 trade actively (the float).

Small supply + Huge demand = Mucho dinero for longs. ;)