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.

Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: David L Kosakowski who wrote (12106)	4/30/1999 12:39:00 PM
From: superdow	Respond to of 25548

well seems buying shares to cover today. would seem to imply that the shorters are a small group and are waiting. But then perhaps there is the problem of paying for the shares--you can't buy shares if you don't have the money and if there are 50 million outstanding short shares that would run about 25 million dollars. Now someone or some group with 25 million dollars probably wouldn't be wating thier time illegally shorting a bulletin board stock would they?? Suppose their is a small group involved and they don't have 25 million (much more actually if they try to buy that many shares in 7 days) who is going to step in and buy it and pay for it??? Just some rambling thoughts which may nor may not have any validity..

To: David L Kosakowski who wrote (12106)	4/30/1999 12:43:00 PM
From: superdow	Respond to of 25548

well no one seems to be covering today. would seem to imply that there are only a handful involved. what if they don't have 25 million dollars or more (much more if a short squeeze materializes) who steps in and makes the purchase, who PAYS if the shorters don't have the cash, perhaps no one steps in, i don't know...i doubt if a small group of shorters would have that much cash, if they did, they wouldn't be messing around illegally shorting bulletin board stocks, just s thoughts that may or may not have any validity.. sorry posted this message twice accidentally SAY BUT can you imagein the spread if there is a short squeeze bid $3 ask $7 (lol).