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.

Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: DoubleOddBuck who wrote (10261)	3/25/1999 9:03:00 AM
From: Rick Ramirez	Read Replies (1) \| Respond to of 15987

A Spam worth noting by Nutstoo from JAWS board on Yahoo: "Have you ever heard of deathspiral debentures??? Its what investors out of Canada use to destroy fledgling American companies. Heres how it works. They offer the CEO of small american companies(usually BBs) a loan(debenture) at a very low interest rate and tell the CEO they believe so much in the company that they want to be able to convert their loan into stock. Once the CEO accepts, they start to "naked short" the stock driving it into the pennies. (in naked shorting they simply do not deliver the shares into DTC) They convert their loan into multi million of shares. The CEO, usually the founder, loses his company and the small investor is raped from the dilution. There are literally hundreds of examples where this "evil empire" has used this technique to sink companies. They tried the same trick on JAWS. But, before they could convert, one investor stepped up and using a clause in the agreement cancelled the debenture with cash. The short position has been calculated from official information at a minimum of 7.2 million shares. It probably is much higher. The float is 8 million. Investors on the yahoo board have pulled almost 5 million certificates. The estimate is that less than 1 million certificates are left in DTC. A massive short squeeze is about to happen. The stock was recently rated a "strong buy" on fundamentals by Tom Heysek author of STREETSMART GUIDE TO SELECTING OVERLOOKED AND UNDERVALUED STOCKS. McGraw-Hill. January 1999 and is an international money manager with Security capital trading and host of America Online's "Investor's Almanac". The stock is trading at 2 1/2, and Tom expects it to hit $10 on fundamentals in a year. All the information you need is at this link: geocities.com If you vist the JAWS yahoo board(100,000 posts) expect non stop bashing. Wonder why??" it's also worth noting that the Form 10 for JAWS will likely be submitted to SEC next week--inside sources say Monday or Tuesday--this should have an immediate impact on the price. thanks for your time and attention! Rick R.