"Jerry putting a stipulation that LPC won't short
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"Jerry putting a stipulation that LPC won't short this stock adds some credence to this", this stipulation is boiler plate for penny stocks selling convertible debt (registered or non registered). However, it does not prohibit the eltp CD holder from selling to a third party who then does the shorting. Even if there is no shorting, which I do not think is the case here, the brokers/mm assume the shares will be dumped for a quick profit which is usually the case. LPC will probably make $250k/profitvery quickly if not already. My experience as a trader allows me to know these things. ELTP
Source - Read More: http://investorshangout.com/post/719519/Tenor...z2RsSJBPZ0
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