Replies to post #19889 on Eagle Worldwide Inc.(fka ELWD)

[janice shell]

This has been tried a million times. It doesn't work.

In addition, the company seems to have issued a ridiculous amount of stock. Same old story. Dilute, and then try to blame your falling stock price on "Shorty".

[Ragin_Cajun]

Yup that will surely get them to cover, Go Mr. T burn shorty!
You got to love this!

"The Board felt it of great importance that all of our shareholders rightfully get their dividend so we have set aside a limited number of additional square meters for brokerage firms who may have miscalculated and sold more shares than they actually have CERTS.

[O hi ya tradin]

But isn't MT also telling the shorts "It is very important to have integrity in the marketplace and any firm discovered to have deprived one of our shareholders of their dividend by selling stock they do not legally own will be prosecuted to the full extent of the law."

Isn't this more or less sending them a subtle message to cover the shorts before this Divy or else....How does a brokerage firm miscalculate when they have my money and buy the shares for me. Wouldn't the most feasable way to be short be from selling stock they do not legally own? thus forcing these guys to cover and soon. The alternative of $1,000 per sq. meter and/ or prosecution isn't very inviting.