Friday, January 26, 2007 5:57:42 AM
It is almost a sure thing that these people have deliberately and criminally shorted Grifco to get more shares in the end, if in fact they are involved. After all, for such outfits, it is the typical pattern to follow, as it IS exclusively a nefarious means for the criminal execution of a very sinister plan.
Once again, I get the understanding that you have no idea how capital markets work. Firstly, one doesn't short a stock to "get more shares", and secondly there is nothing criminal about shorting stock, it has been for time imemorial, a way to improve liquidity, to even out the swings in the market and to provide shares for people to buy on the way up! When a stock is NOT being short sold at all, and comes out into the market with bad news there is a bottomless pit, into which the stock begins to fall, because there is no buying interest.
Feel sorry for shorty?
Anyone who was lucky enough to short this stock is in heaven right now. They got a license to print tax free money. I feel sorry for anyone who listened to you. They're the real losers in this deal. (And I mean that as in the act of losing, not the typical "loser" insult that will make you pull my post- len)--- see LEN's chart
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