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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (11145)12/10/1998
From: Ken W  Respond to of 29382
 
Max
I saw that earlier today... I liked it too!

I'm not sure exactly how one "naked shorts", but have seen it mentioned many times on different threads (mostly penny stocks). There just seems to be something crooked about it and I get the impression that it is something done by the "pros" ie; brokers, MM's.
Hope they get their heads handed to them just as often as they have done it to us out here.

Ken



To: LTK007 who wrote (11145)12/10/1998 8:29:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
Max, where did I go wrong in life<g>..here's a post I made earlier,got me thinking of my childhood-my buddy did quite well<vbg>
REW (11382 )
From: Ditchdigger
Thursday, Dec 10 1998 8:21AM ET
Reply # of 11386

Kinda off-topic,a quick story. About 25 years ago when I was 14 or so, I had a friend
who's father was a professor at MIT(nuclear physics),well this kid was just as sharp as
his father. He told me, within a few years 8 track would be history and cassette would
be king..well we know what happened.Don't know why I was reminded of this.
DD
PS that kid is now a VP with American Power Conversions APCC,actually one of the
founders,holds 4-5MM($43/sh) shares...life is tough<g>(I see he has been selling some) Name:
RASMUSSEN NEIL
Title:
Director
Company:
American Power Conversion Corp
Shares Remaining:
4,780,084 Common as of 29-Oct-98
303,649(indirect) Common as of 29-Oct-98
quote.yahoo.com