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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: dacoola who wrote (2339)1/3/1999 12:32:00 PM
From: Gary E  Read Replies (1) | Respond to of 122087
 
Dacoola, from your post ,
>> The naked shorting through Canada is now resulting in numerous suits contending stock manipulation and fraud. I am personally aware of one BB stock that has a 3.3 MM share float and it appears that there is a naked short position of over 10MM shares. It will be interesting to see how this one plays out. >>>

Would or could this present a good oportunity to go long the stock ?
ie, When all those short sales are required to make settlement, would the price go up ? because there is no stock to deliver ? just a thought, maybe a wrong one, I'm wrong alot.

Thanks
HG