Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?

To: LaShark who wrote (9232)	10/23/1998 9:39:00 AM
From: Just My Opinion	Read Replies (2) \| Respond to of 26163

LaShark: Theoretically, in a normal short situation they NEVER have to cover, they can keep coming up with money to be in compliance with margin requirements. However when you call for certificates, when the last certificate is sent that is allowed to be sent. ie..say issued 10,000,000 and 10,000,000 are sent out...then the 10,000,001 certificate must be bought in from the market. That is when the effect of the "call for certs" campaign kicks in. The price will rise until it reaches a point where someone who has certificate in hand is satisfied, and he sells, enabling the person who wants that 10,000,001 certificate to be made whole. Unfortunately, unless the people that are doing the campaign are "seasoned pro's" it's usually a futile effort. I believe but I am not sure, that the presstek squeeze was started by a cert campaign done by Cabot. This was done by them on the QT. You would have to research this to be sure and I apologize to the thread, if this info is incorrect concerning Cabot and the calling of certs.