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Re: 1jk1 post# 12289

Friday, 06/26/2015 11:07:18 AM

Friday, June 26, 2015 11:07:18 AM

Post# of 39360
And you really think that anyone would short a stock that is selling at one-fifth of one cent? And if they shorted earlier you think they would not have already covered because they want that last 1/5 of 1 cent?

Are you kidding me?

Who in their right mind would be short at these levels where the reward is .002 cents and the risk is significantly higher? Especially give that there is ZERO LIQUIDITY to cover a short effectively. This stock trades on average $150 PER DAY. Get real.

Yet another example of applying an investment concept like technical indicators to a stock where it is not applicable.

WHAT ABOUT THE FACTS BEFORE YOU? There is a VERY, VERY LOGICAL reason this stock is where it is and its not related to short-selling.The longs have ridden this baby down by 90% in the last year on the same theories and they still will not accept the obvious.