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lowman

08/11/06 10:07 AM

#2818 RE: immitt #2817

Shorts take chances just like longs do.

EbolaGumbo

08/11/06 10:14 AM

#2819 RE: immitt #2817

Q. Why would you short?
A. You don't.

Posters on this board argue that the short positions are the reasons for all the trouble and downward movement, failing to consider that this is a pure gamble at best.
You don't short a .10 cent pink sheet stock. You short companies like BP ealier this week and airline stocks yesterday and when you pick up a point or two you get out fast. There are no short positions in this stock and for the CEO of this company to have stated that this is the reason for downward movement on the price of his stock shows even more inexperience and adds more evidence to the idea that this company is a pure scam playing on speculators interest in alternative energy.