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Re: nilremerlin post# 76499

Wednesday, 05/30/2007 2:11:35 AM

Wednesday, May 30, 2007 2:11:35 AM

Post# of 157299
Friendly reminder to all who want to stick it to the shorts as much as possible from GlobeTel's website.


Q. What can I do to help mitigate short selling of our stock, and the practice of short selling in general?

A. Unfortunately, short selling is one of the conditions in a free market that exists for better or worse. Short selling can only occur if there is enough stock to borrow. If we reduce the amount of shares available to borrow, we can reduce short selling. Ideally, the best scenario would be for all our shareholders to have their GlobeTel stock in cash accounts, as opposed to margin accounts, at their broker. This would eradicate the broker’s ability to loan your stock to a shorter. If you already hold your GlobeTel stock in a cash account, thank you. As for combating shorters, the best we can do is continue to build the business and generate positive developments that add value to GlobeTel?

So call your broker..........



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