Replies to post #1128 on Intrepid Tech & Resources (fka ITRP)

[terry hallinan]

bsandy,

Cornell holds 23 million shares, not nearly enough to take over the company.

Cornell doesn't take over companies. It destroys them.

Cornell is last ditch financing for the needy.

Surely one can argue that Cornell and its ilk provide a crucial service, that without them their clients were doomed to fail.

Whatever the case, outfits like Cornell use shorting to guarantee a profit. Cornell does not have a hefty investment in companies anymore than MM's do in stocks that they are making a market in. Cornell is only interested in turning a quick buck.

Hopefully IESV will survive Cornell. Others have but it is a red flag to the wary.

Best, Terry

[bonedaddy77]

My point is that Cornell has a bad effect on the share price of the stocks they are associated with.