EFuel EFN Corp (EFLN)

[15for2]

gooood morning to all lol~
Doing OK red, much better now this company has new management, looks like they are turning things around nicely. New guys are putting assets in, not selling shares, and buying what they legally can for shares in the open market, glad I held on and averaged down when the old guys left.
However you slice the numbers there is a large naked short that has to be covered at some point, yesterdays news caught the mm's flatfooted and watching L2 they held the line until the .0012 break, then we went up quickly, some flippers got out and the mm's took advantage and dropped us hard and fast to shake out shares, as usual.
Each uptick on a short has them needing more collateral to back up their short, as this makes new highs and breaks old resistance they will cave and be forced to cover and this should attain it's true value sooner rather than later.
The new laws in effect will help this too, as a non-reporting pink I'm sure they got a lot of naked short positions against them still open, once this starts breaking out they will be forced to cover too~
Shaping up rather nicely all around, can't wait to see the rest of the story!