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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: Fbk32 who wrote (1613)3/2/1999 9:09:00 PM
From: RavenCrazy  Respond to of 8189
 
Thank you, Brian,

for sharing the info you gather from the company. Greatly appreciated,

Raven



To: Fbk32 who wrote (1613)3/2/1999 9:39:00 PM
From: Lee Walsh  Read Replies (1) | Respond to of 8189
 
Brian,

You and I cannot short a BB stock, unless we have big bucks, open an account in Canada/overseas, and are willing to put up 100% or 200% cash for the transaction.

Brokers/MM's can and do routinely short BB stocks in their normal course of business. Especially when a stock like MRPS makes a "run" on high volume like we have seen the past few days. They do it without "borrowing" the shares...as you cannot "borrow" BB stocks because they are not marginable. They naked short into a run, in the hope they can gain control and drop the price later to cover.

They are very successful at this practice.

Lee



To: Fbk32 who wrote (1613)3/3/1999 1:32:00 PM
From: Luddrick M. James Jr.  Respond to of 8189
 
Thanks Brian. I'm still in. I sold for the second time yesterday and have now reentered today @1.43. This a great company and should see 3.00 in the near future...I'm thinking after the "strong projections" are reported in two weeks. As one said earlier "this is a keeper". No more in and outs for me unless I can see a another good profit and subsequent reentry point.