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Re: GeoffKrone post# 1604

Tuesday, 03/19/2002 11:33:33 AM

Tuesday, March 19, 2002 11:33:33 AM

Post# of 2893
Geoff, should there be an indication of this kind of shorting on NPCT, one of the easiest ways smaller shareholders can help protect their interests is to insist on delivery of their shares. This would prevent any kind of leveraging on their shares, including by market makers. Having share certificates in hand does not affect the holders liquidity in those shares in any way. One simply needs to deliver the paper to the selling broker within - what is it, 3 days? - after executing a trade (plus, of course, the lead time it takes for the paper shares to be prepared and delivered to the shareholder in the first place).

That is what I intend to do if extensive shorting of NPCT rears its' ugly head. And if the longs on these NPCT forums all did the same thing, the float shorters would have to play with would be reduced considerably, marginalizing the negative effect of their activities.

Perhaps the threat of doing that by longs will be enough to discourage miscreants from playing that game with NPCT, since the actual float on this stock is far less than many BB stocks.

Live long and prosper..............Dutch (Mr. Trekkie999)

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