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Re: longjonsilver post# 92

Wednesday, 01/29/2003 6:09:05 PM

Wednesday, January 29, 2003 6:09:05 PM

Post# of 1578
the guy at BMO confirmed that they (BMO) wont lend a share out twice to be shorted - therefore the short interest cannot be larger than the float. this means that if some of these stocks have a short interest as large as the float that no more shorting can be done - this is very bullish as the shorts are out of bullets. a short squeeze could be very easily done by someone with the available cash - a relatively few million should do it! george soros where are you? sinclair seems to think that short covering should drive the price of these shares to double current levels - HUI 300 hello! what would the juniors do in that case? zowwee! if even 10% of the owners of the float take delivery (register) of their shares this could ignite a short squeeze - and with momentum players getting on board watch out overhead. of course a rocket ship upwards followed by a bust to the downside wouldnt be good for the golden bull in the long run. you are right that the regulatory authorities SHOULD do something - but what if the authorities are the ones doing this? oh what am i thinking - couldnt happen here! LOL

longjonsilver


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