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$AVATQ bid .0004 Ask $48 Dollars, 52,000 Short interest
WNYN – great short squeeze possible on Monday. See why
http://investorshub.advfn.com/boards/board.aspx?board_id=8017
Fact #1: On June 11 Buyins.net removed WNYN from the naked short shares list, along with the statement: “With 268.36 million shares outstanding and 27,400 shares declared short as of May 2008, there is no longer a failure to deliver in shares of WNYN” (see Pink Sheets news).
Fact #2: As of today, shortsqueeze.com shows a huge increase (4532% over the 4 days old Buyins.net data, or from 27.4K shares to 1.27 MM shares) in shorted shares:
Short Interest (Shares Short): 1,269,300
Days To Cover (Short Interest Ratio): 0.4
Short Percent of Float: 0.86 %
Short Interest - Prior: 27,400
Short % Increase / Decrease: 4532.48 %
http://shortsqueeze.com/?symbol=wnyn&submit=Short+Quote%99
With just a little bit of help, “the mother of all short squeeze” can occur here on Monday. Because of the above, and the additional facts below, the MOASS play has a very good chance to reward well the early players.
Fact # 3: On June 12, a nice increase in S/P took pace after the company announced: “that it has prepaid in full the convertible debenture issued by previous management to Cornell Capital Partners LP (now YA Global Investments). This will immediately cease the harmful dilution to the Company's capital structure previously associated with the periodic conversions of the debenture.” This news should have continue to move the P/S up, but obviously heavy shorting (toward the EOD on June 12, and especially on June 13) killed the upward move.
Fact #4: From the last 10-Q on May 14: “Net income for the quarter grew 353% year over year to $119,615 from $26,405," and most importantly: “The quarter ending March 31, 2008 marked the sixth consecutive quarter of positive net income. The company's cash balance grew 21% from the previous quarter to $779,583 and working capital almost doubled from the previous quarter, from $210,193 to $400,205. The company's total debt was reduced almost 14% from the previous quarter.”
Fact # 5: From May 19 NanoCap Gems Newsletter:
http://www.nanocapgems.com/featured_profile.htm
Mike
check this out for the AM...
http://investorshub.advfn.com/boards/board.asp?board_id=6258
sounds good..............we will be there :)
imjx has a huge short still, I estimate its been hovering around 4-500 million. even large than sgls.
sgls is helping imjx, I use to be scepptical some what but I have changed my mind.
that's the way of it some times when a stock is down it can turn interest down we all know that story, lol
I fill I have some boats and a couple ships commng in not to far off shore.
sgls looks like it could run especially if there was news in the cards
sgls knows hoe to beat the shorts they did it before and now they have more tools to do it with also don't forget to keep imjx in mind after the 21st I think the news start to role on imjx and those 14 thousand sgls holders are going to say whats this thn they will look up imjx and find out um looks like this imjx is turning the corner big time and they will be buyers more than sellers, what it going to happen.
sgls bag holders at .15 will see there money come back also.
let's wait and see :)......I am all in
IT's going to get hot , I do believe , I think will see it trading up over .10 again in the near future , this week looks good maybe even possible trade way up I don't know at what price the covering start but a bit more volume is all that it needs to get the short thinking about it.
News will be welcomed, of course, they seem to be keeping the share holders up to date
i expect the company will get more news..........
Charts looking decent, could be ready , if they could get another company , this stock could soar again now, they got 7.5 % of the last one not peanuts.
SGLS.OB - Closed @ .024 - Up 20% - Great Close on Friday
http://www.stockscores.com/quickreport.asp?ticker=sgls
Huge short in SGLS.OB - keep an eye on it
Sounds like this company deserves some due diligence.I believe it is a sound bet for fundamentals in the next few years.What Ive seen I like so far.Good luck to all!
ACEN
not in this, just came across it this afternoon.
May 22, 2007 - 5:00 AM EDT
AC Energy, Inc. (PINKSHEETS: ACEN) announced today that BUYINS.NET, www.buyins.net, is initiating coverage of AC Energy, Inc. (PINKSHEETS: ACEN) after releasing the latest short sale data to May 2007. From June 2005 to May 2007 approximately 14.3 million total aggregate shares of ACEN have traded for a total dollar value of nearly $14.7 million. The total aggregate number of shares shorted in this time period is approximately 1.1 million shares. The ACEN SqueezeTrigger price of $1.03 is the volume weighted average short price of all short selling in ACEN. The first of several short squeezes is expected to begin when ACEN closes above $0.71, where approximately 208,000 shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------
June '05 6,520 502 $8.58 $4,305
July 6,892 531 $8.01 $4,249
August 12,384 954 $7.00 $6,675
September 2,950 227 $5.43 $1,232
October 6,806 524 $3.84 $2,013
November 19,941 1,535 $4.90 $7,524
December 16,104 1,240 $2.81 $3,483
January '06 22,823 1,757 $6.26 $10,994
February 9,778 753 $6.74 $5,073
March 8,941 688 $5.76 $3,964
April 5,011 386 $4.57 $1,762
May 15,473 1,191 $3.76 $4,483
June 4,992 384 $3.68 $1,413
July 7,823 602 $2.84 $1,713
August 3,717 286 $2.93 $839
September 314,059 24,183 $3.50 $84,639
October 5,675 437 $2.64 $1,153
November 20,899 1,609 $1.71 $2,756
December 30,346 2,337 $0.58 $1,349
January '07 1,966 151 $0.60 $91
February 323,772 24,930 $0.86 $21,345
March 2,705,836 208,349 $0.71 $148,449
April 4,219,152 324,875 $0.97 $314,316
May 6,506,159 500,974 $0.99 $495,965
Total: 14,278,019 1,099,407 $1.03 $1,129,784
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