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Re: joye1 post# 14688

Thursday, 05/27/2004 6:59:58 AM

Thursday, May 27, 2004 6:59:58 AM

Post# of 82595
Joye & GE, regarding the naked shorting....

I have read that one of the methods to flush it out and restore the stock, is for a company to recall ALL of it's stock for a re-issue...perhaps even as a new entity. Those like us who hold stock, would remain not be affected, as our shares are held by the brokerages. However, those who are naked shorting then would find themselves in a bit of a situation as they need to cover asap.

I would definately add this question or topic to the list for the shareholders meeting.

btw, anybody seen indy lately? He says this doesn't have anything to do with the stock price...or something like that.

ya right.
66fan