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rheddle

03/22/07 9:03 AM

#10298 RE: PL Sniper #10296

I don't know PL, but I would be delighted if what you say ends up happening. The trouble with the MM's is that they know full well how to get away with it, because they do it all the time, so it would have to be one hell of a scheme to get the better of them.

What you say makes sense though.

I have to pop out and will miss the open - catch you in a bit ;o)
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billaro3

03/22/07 9:11 AM

#10303 RE: PL Sniper #10296

Interesting theory. Question, there have been lots of other companies (Overstock dot com comes to mind) that the CEO claimed that naked short cause the stock price to go down. Has any other company tried this approach? Hard to believe that ACMG would be the pioneer in this approach.
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prado

03/22/07 1:23 PM

#10499 RE: PL Sniper #10296

PL. I had the same idea, and that is why I'm a little disappointed that Alcar is giving the shorts some time to cover before hitting them with the hammer. Yes, we all would have been miserable until the hammer dropped, but when you think of the upside it would have made it well worth the wait.