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To: ISOMAN who wrote (20561)12/12/1998 9:53:00 PM
From: Americo Burgos III  Respond to of 43774
 
ISOMAN....You make me laugh then with one click you bring tears to my eyes. Good write up on the naked short. The dog story....sniffle, sniffle...Merry Christmas ISOMAN...good fortune to you.



To: ISOMAN who wrote (20561)12/13/1998 12:15:00 AM
From: Henster  Read Replies (1) | Respond to of 43774
 
Isoman, here's one I'd like to share with you and the rest of the thread.

A Christmas Story

It's just a small, white envelope stuck among the branches of our
Christmas tree.
No name, no identification, no inscription. It has peeked through the
branches of our tree for the past 10 years or so. It all began because my husband Mike hated Christmas---oh, not the true meaning of Christmas, but the commercial aspects of it --overspending... the frantic running around at the last minute to get a tie for Uncle Harry and the dusting powder for Grandma---the gifts given in desperation because you couldn't think of anything else.
Knowing he felt this way, I decided one year to bypass the usual shirts, sweaters, ties and so forth. I reached for something special just for Mike.
The inspiration came in an unusual way.
Our son Kevin, who was 12 that year, was wrestling at the junior level
at the school he attended; and shortly before Christmas, there was a non-league match against a team sponsored by an inner-city church, mostly black.
These youngsters, dressed in sneakers so ragged that shoestrings seemed to be the only thing holding them together, presented a sharp contrast to our boys in their spiffy blue and gold uniforms and sparkling new wrestling shoes. As the match began, I was alarmed to see that the other team was wrestling without headgear, a kind of light helmet designed to protect a wrestler's ears. It was a
luxury the ragtag team obviously could not afford. Well, we ended up walloping them. We took every weight class. And as
each of their boys got up from the mat, he swaggered around in his tatters with false bravado, a kind of street pride that couldn't acknowledge defeat. Mike, seated beside me, shook his head sadly, "I wish just one of them could have won, "he said. "They have a lot of potential, but losing like this could take the heart right out of them."
Mike loved kids -- all kids -- and he knew them, having coached little league football, baseball and lacrosse. That's when the idea for his present came.
That afternoon, I went to a local sporting goods store and bought an
assortment of wrestling headgear and shoes and sent them anonymously to the inner-city church.
On Christmas Eve, I placed the envelope on the tree, the note inside
telling Mike what I had done and that this was his gift from me. His smile was the brightest thing about Christmas that year and in succeeding years.
Foreach Christmas, I followed the tradition---one year sending a group of mentally handicapped youngsters to a hockey game, another year a check to a pair of elderly brothers whose home had burned to the ground the week before Christmas, and on and on. The envelope became the highlight of our Christmas. It was always the last thing opened on Christmas morning and our children, ignoring their new
toys, would stand with wide-eyed anticipation as their dad lifted the
envelope from the tree to reveal its contents.
As the children grew, the toys gave way to more practical presents, but the envelope never lost its allure. The story doesn't end there. You see, we lost Mike last year due to dreaded cancer. When Christmas rolled around, I was still so wrapped in grief that I barely got the tree up. But Christmas Eve found me placing an envelope on the tree, and in the morning, it was joined by three more.
Each of our children, unbeknownst to the others, had placed an envelope on the tree for their dad. The tradition has grown and someday will expand even further with our grandchildren standing around the tree with wide-eyed anticipation watching as their fathers take down the envelope. Mike's spirit, like the Christmas spirit, will always be with us.
May we all remember Christ, who is the reason for the season, and the
true Christmas spirit this year and always.

God bless---pass it on....



To: ISOMAN who wrote (20561)12/13/1998 10:57:00 AM
From: ColleenB  Read Replies (1) | Respond to of 43774
 
Well, it could be that some restricted shares came off restriction, and entered the float, and they are selling now, to get the tax loss, and will buy again in 30 days.

unfortunately we have no access to the 144's..... I can't find any listing at all for PRWT. Has anybody else found anything? And if this is the case... WHOA, we have quite a dilution... and is the seller done????... We don't know, and won't know until the volume dries up. And there's no guarantee that they will buy these shares back, is there?

It could also be that there were negotiations with a company that was to get a payment of shares and cash for PanAm acquiring that company. They could have (the new company) hooked up with a market maker, to short the stock in a big way, so that the share price would drop, causing them to get more shares in the transaction.

IF this was the case, I'd expect John to tell the company where to go, and break off negotiations.... any sensible business man would. And if he didn't, well, I wonder what type of business men he's bringing onto the PRWT team.....

Another possibility are private placements.... debentures....How has john been financing these deals???? We don't know what 144's are out there or the number of them,..... to tout jhild's cry.... we don't have those financials, do we?....

do we know the number of AUTHORIZED shares for PRWT???



To: ISOMAN who wrote (20561)12/13/1998 1:44:00 PM
From: alan hardy  Read Replies (1) | Respond to of 43774
 
Isoman, two questions:

First, If a restricted share holder were to sell, why the 30 day wait? Are there restrictions on the restricted share holder normally that would prevent them from buying again for 30 days, or were you just taking into consideration that in 30 days, we'll have a new tax year. I was under the impresion that if someone wanted to sell for tax purposes, they could sell, and turn around and buy them right back. Could be my impression was wrong , too.

Second, I understand how MM get caught shorting as the price goes up, then will manipulate the stock to shake out the profit takers to get the stock down to a level where they can cover at a profit. They've had more than enough time to cover all that at a pretty low level. But how would they short a stock that is not moving up, to get a lower price? Usually, when a stock is being shorted, nobody really knows it untill they've read a short intrest report, and either take a short position them selves, or sell becouse they figure there will not be enough long positions taken to effect a price increase, thus supply and demand moves to the sell side, and down we go. So, any way, my question is, just becouse they may have shorted (which would pretty dumb at these prices IMO, unless the seller wanted to do the MM a favor by letting them know in advance what they were going to do, just to give the MM a Christmas present), how would the fact that a MM took a short position, affect a lower price?

Now, I could probably see that if there was going to be an aquisition and the aquired company was given XXX dollars worth of shares at a price not to exeed, say, .025 cents, and they hooked up with a MM to drive the price down for a short period of time through manipulated bid/ask offers in order to get more shares for there agreement , but the fact is, that most of those transactions are done thru private placements, rather than on the open market, at a predetermined share price.

Any comments (realistic) would be appreciated.

Me still think it was tax loss selling by large share holders.

Me still think they'll be back soon too.