Stock Hideout - View Single Post - Q. London AIM Exchange

Tony1965 · Sun, 11-05-2006, 12:08 PM

I forgot to ask if this company does go to the London AIM Exchange and has an ADR on the OTC BB or Pink Sheets, will it still be susceptible to naked short selling?

I can see why the short sellers took it down from $19, but the company is now profitable and had $25 million in sales in Q2. It's a nice collection of companies that appears to be gift-wrapped for Apple or Microsoft to buy but the insiders bought shares at much higher prices than 70 cents so I don't think that will happen any time soon.

Track insider buy and sell

PEGASUS WIRELESS CORPORATION

Here's a good site to read about the push to stop naked short selling:

The Sanity Check > Home

Thanks,

Tony

Sun, 11-05-2006, 12:08 PM	#3 (permalink)
Tony1965 EagleFan Join Date: Sep 2006 Location: Philadelphia, PA Posts: 21	I forgot to ask if this company does go to the London AIM Exchange and has an ADR on the OTC BB or Pink Sheets, will it still be susceptible to naked short selling? I can see why the short sellers took it down from $19, but the company is now profitable and had $25 million in sales in Q2. It's a nice collection of companies that appears to be gift-wrapped for Apple or Microsoft to buy but the insiders bought shares at much higher prices than 70 cents so I don't think that will happen any time soon. Track insider buy and sell PEGASUS WIRELESS CORPORATION Here's a good site to read about the push to stop naked short selling: The Sanity Check > Home Thanks, Tony