AI
Friday, September 23, 2011 7:44:42 PM
Pre-market news on MONDAY (look at the trend line alignment) would allow the company to continue towards NYSE requirement standards. I believe this would trigger a first-installment short squeeze. Why? The majority of shorting started at $1 down to .90. A cover anywhere between here and .50 is a healthy profit. Buying pressure utilizing the available float (not sure what the number is) will also push this up. My thought is .40, maybe even much higher. It really is up to the company at this point. If they raised capital, above a $1 easy, imo.
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