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Technology Stocks : IMON - Quoted from Barron's Corporate Reports -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (723)1/20/1999 2:28:00 PM
From: Mama Bear  Respond to of 2220
 
max, don't you know that stocks only go up unless shorts point out the negatives and scare people out? <sigh>

But seriously, in all my time on SI I've never read a post by anyone who sold solely because of posts by short sellers. They always seem to be unknown lurkers who are affected. The posters always seem to blame the shorts and then say 'they'll never get my shares'. I wonder why folks never stop to think that maybe the ones selling the bill of goods are the ones encouraging folks to go long sketchy little companies like IMON.

Of course the person you are answering thought that Fred Puppet might be lying when he quoted the SEC filing, despite the fact that he posted a link, and it could have been easily verified. But it is much easier to blame a conspiracy than to admit that you don't know how the market works.

I do hope some folks here took a lesson on what goes on with a death spiral convertible stock. What happened to IMON is played out time and time again, and it seems like some folks are born to be left holding the bag.

I'm really sorry I wasn't able to borrow shares. These things are some of the most reliable short sells the market has to offer.

Barb



To: LTK007 who wrote (723)1/20/1999 9:10:00 PM
From: HRAKA  Respond to of 2220
 
AMEN Max! Most people can't even short this stock. I couldn't and have run across others that couldn't as well (because it is not marginable).
Hraka