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Gofish Corporation |
Chicago:
This is exactly what I love about this process. It corrects itself
through volume of participants. But, am I hearing
that you're making a practical distinction, and not a legal one? Are
you saying that a personal cannot legally short
an OTC stock? Or, that the costs of doing so, make it impractical?
If so, then the market may be more imprecise on GOFH than I originally
thought. What is not
being reflected here is, why. We all know THAT the stock is being
sold. But I want to know WHY the
stock is being sold. It appears to me that a lot of ( but not all )
the WHY, is simply because, ..."the other guy is selling".
So the question becomes, am I following people over a cliff, who have
invested no real time in understanding the business
or the opportunity? That is a big question for me.
I have unearthed some very interesting information on GOFH. But I need
to verify it before feeling comfortable enough
to post it here. Stay tuned.
> But when
> > I see a
> > company that is being shorted by a bunch of day-traders ( who tend to
> > follow the herd, not lead it), I sit up and take notice. I'd like to
> > see it stabilize
> > a bit before taking a position, but I am going to put my money where
> > my mouth is, where this company is concerned.
> Brooke: you cannot short this stock...it is OTC and nobody holds
> sufficient inventory that will lend it at reasonable terms...the only
> short positions could be taken by the market makers, and that would be
> cause for litigation from GOFH