Replies to post #8170 on First American Scientific Corp. (fka FASC)

[beischens]

OT Jag,

I guess I don't understand the concept of Short Selling.

I was under the impression that Short Selling was when you, the investor thought the price of a stock was going to go down. You sell shares you do not have and then buy them back at a cheaper price.

Now, if I put my short seller hat on, and I'm looking at company A and that company's info indicates


"growth companies making revenue, profits, and have a decent P/E ratio"

this would not be a company I would be interested in, since the stock price will most likely be going up, not down.

Therefore, I do not find it strange that certain companies do not have this problem, not strange at all.

Since our MM friends are here to make money, it would be counter productive for them as well to Sell Short on such a company as you described.

Penny Stocks are a crap shoot. There is HIGH risk and that is countered with HIGH rewards. Why just today VMH was up 666%. I've had some penny stocks go up 25,000% in a day.

Of course, we all know that's funny money. But ALMI is a good example of a penny that is making it.

Whether a company makes it on it's own merits or not is one thing. What I don't appreciate is the MMs Short Selling small companies into oblivion using non-existent stocks.

Anyway, that's my understanding. If I'm wrong, or confused (more than normal, that is) please feel free to show me the error of my ways.

Thanx

BILL

[WyoInvestor]

Jag, you are right that it doesn't happen all that much to growth companies, but that might be the reason. They pick on the weakest and can have a greater effect on the weakest, plus with less chance of retaliation.

The attacks make companies weaker and weaker. If you want to take this line of thought a little further, it would also justify the constant attack from the bashers. There is no way those guys are bashing the stock in hopes of helping Mom and Pop investors. They have a reason, and the only one I can think of is monetary. They have proven time and time again that they hold nothing but comtempt for anyone who invests in FASC. They have shed all pretense of only attacking those who attack them first.

Most who invested here put their money here as a hi-risk venture hoping for the big rewards that can come from a hi-risk bet. Some have invested too much time and money to be considered logical or smart, but that happens pretty often. I am sure if we all knew how long it was going to take when we first started investing in FASC, none of us would have made the investment. Hindsight is always 20/20.