Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (13610)	3/23/1999 11:15:00 AM
From: LANCE B	Read Replies (1) \| Respond to of 25711

hey by the way ,how do you like life over there on the west coast of the sunshine state..

To: Joe Copia who wrote (13610)	3/23/1999 12:04:00 PM
From: DakartaSue	Read Replies (2) \| Respond to of 25711

If squeezing shorts is as easy as changing the CUSIP number then why don't companies with big short positions do this all the time? Could Amazon.com do that too? I would think there must be lots of paperwork involved and take lots of time.

To: Joe Copia who wrote (13610)	3/23/1999 3:14:00 PM
From: DSPetry	Read Replies (1) \| Respond to of 25711

Thoughts??? Message 8476665 Auntie will be disappointed to learn that this is just another urban legend. I've seen quite a few CUSIP changes, and they've never yet provoked a short squeeze. The most common result of a change of CUSIP (or as Spidey would have it, "cuspid")is a drop in stock price, as some people lose sight of the once-familiar ticker (which is generally changed at the same time). Dicey BB companies love doing the CUSIP/symbol change thing in no small part because it makes the company's past much harder to trace...