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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: Smithy who wrote (2368)6/4/1999 1:30:00 PM
From: who cares?  Read Replies (1) | Respond to of 10354
 
Porn Ographer!!!!!

Lol, silly lil tout. Are you going to completely lose your cool and do a prosperous soul or 2themoon on us? If your not aware check the TMRT thread. That stock took an awful drubbing after a Bloomberg report listed many of the same things that the short illuminati had been saying for weeks. Or is it the SWO, Short World Order.
Well there's 10 grand just laying there waiting for you to be picked up, all you would have to do is find a mutually agreeable person to verify that your not Alan Smith, pornlord. Should trader14u make the check payable to Playboy Enterprises?

Mr. Burns



To: Smithy who wrote (2368)6/4/1999 5:36:00 PM
From: Francois Goelo  Read Replies (2) | Respond to of 10354
 
Smithy, I'll be neutral for just the time it takes to verify you're not the Smith...

they think you are and we'll split the reward, assuming they ever pay it, that is.

I guess we'll have to appoint an escrow agent where they can deposit the funds before we bother to proceed further. Of course, it never occurred to them that if you were the real Smith guy in question, you'd called yourself Hippo Critter before picking Smithy for an alias....

Regards, F. Goelo + + +



To: Smithy who wrote (2368)6/5/1999 12:26:00 AM
From: Francois Goelo  Respond to of 10354
 
MORE TRUTH EXPOSED ON THE SHORT SELLING/BASHING OF ZSUN...

To short legally, it has to take place on an uptick, unless, of course you're a Market Maker. If you're a Market Maker or have an account in Canada, for example, you can do "naked shorts", meaning you don't have to borrow the shares to be able to short.

The only problem is that it can be overdone. Take ZSUN with an official float of 2.5 Millions shares, half of it still tightly held, leaving only about 1.25 Million shares to actually "play with". At one stage, the short position was estimated at about 1.6 Million shares, vastly outstripping the potential supply when covering.

+ Remedy #1: say you're Fahnestock or Fiero Bro. and you want to cover 250,000 "naked short" shares: you go to one of the insiders and offer to buy at a discount to market. The insider, not stupid, says: "buzz off evil shorter!" or: "Vade Retro Satana!", depending on his cultural slant

+ Remedy #2: The discreet approach failed miserably because the insiders know the business is great. The MM's don't want to alert the pisqueak short sellers, like Evil Puss, Realmonkey or Tradaloo, to avoid a rush to the exits, so they organize an "orderly retreat".

+ Orderly Retreat: All MM's in the morning decide a trading range for ZSUN, regardless of the buying pressure, say between $7.75 and $7.81. But the Fahns and Fieros don't want the pipsqueak to know they're covering, so they use a technique I call "blind covering": they stay off the bid and let other friendly MM's do the short covering, so the pipsqueaks won't know the difference and cause a rush...

+ Conclusion: by the end of next week, this little game will be over and barring a major catastrophy ZSUN WILL RISE AGAIN!!

Regards, F. Goelo + + +



To: Smithy who wrote (2368)6/5/1999 12:47:00 AM
From: Francois Goelo  Respond to of 10354
 
ALL YOU EVER WANTED TO KNOW ABOUT NAKED SHORTING, but were afraid to ask the shorters...

By: Coachman
Reply To: None Friday, 4 Jun 1999 at 8:57 PM EDT
Post # of 2853


Shorting and Naked Shorting: This article was printed by Copley Pacific on short selling entitled..."Understanding
Undeclared Short Selling and How it may be impacting Your Company".

Does it sometimes seem that no matter what you do your stock has trouble climbing in price? If this the case, your company's stock may be facing downward pressure as a result of undeclared short selling.

Short selling can be divided into two categories, declared and undeclared. Many dynamic growth companies have been damaged by undeclared short selling. Created by market professionals, the practice consists of creating stock that doesn't exist. It isn't borrowed but created and it creates enormous negative pressure on a stock price.

The Mechanics of undeclared short selling are as follows:

Nonexistent stock is sold short. This nonexistent stock increases a company's float. The nonexistent stock makes it difficult for investors to profit from their risk capital speculations. The short sellers make the profit. The practice hurts the public companies, themselves. It adds massive costs to maintaining a market in a stock and it reduces a company's business options.

The basis of declared short selling is borrowed stock. A short seller provides 50% or more of the value of the stock to his or her broker. This is done in a margin account. The margin protects the broker against any increase in the share price. The broker borrows the stock from a depository trust company. he then sells the stock and adds the money to his client's margin account. Later, the client buys stock (covers) to replace this borrowed stock. The difference between the price the client sold the borrowed stock and the price the client paid to replace the borrowed stock (covered) is the profit or loss from the transaction.

Most declared short players are institutional money managers and fringe group market profesionals, not small capital public investors who seldom participate. Declared short positions risk being squeezed. If the company can double its share price, the short seller will be forced to increase his margin collateral in order to maintain the short position. At such time, the short seller may elect to buy (cover) the stock instead of adding to his margin. This adds to the upward movement of the share price.

Undeclared short sellers don't borrow stock. They don't margin the sale of their short positions. Because they are market insiders they can use various techniques to sell stock that doesn't exist.

Is there money to be made by undeclared short sellers? Estimates are that undeclared short sellers make multi-millions of dollars annually.


Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the
creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and wil cause them to move their undeclared short activities elsewhere.


End of article.