Welcome to the McFaulds Lake HUB on AGORACOM

Discuss the various junior resource companies within the McFaulds Lake Area

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Message: YES SIR...Goldfinger you hit the FNC on the nose...

Al I'm sorry but you are starting to show your true colors here. Not long ago you were trying to justify shorting and in this post;

FANTOMAS,

Are you really that ignorant in how the stock market works? You buy into a PP on a stock at $.40, the stock goes to $1.20, you short the stock at $1.20 or $1.10 or whatever. Four months later when your PP shares become free trading you can use those shares to pay back the house you borrowed the stock from. You see if you shorted(sold) the stock at $1.20 and you paid $.40 for the stock you just made a tidy profit of $.80 As a shorter you could care less where the stocks share price goes because you know you can cover with your PP share. The real beauty in this whole transaction is if your short drives the price of the stock down low enough you don't even need to use your PP share to cover. You can just cover on the open market and still have your PP share.

Don't bother to respond FANTOMAS, you waste my time and yours by reading this forum. Go back to your perma bull forum, its suited to your investment style. Your type aren't into posting facts, just arguing for the sake of it.

Al

You are admitting the big boys use shorting to manipulte a stock(in this case arificially drive it down) knowing if they fail to drive it down to buy back they have their PP to cover. This is illegal if it could be proven.

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