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4 x .12 by 2 x 12.5
WWEN .13 is the short squeeze.
ILCO talked to management on Thursday, said they believe a short position of 100 million shares has driven the stock to the current pps. They said they will provide an update this week. Could be a nice short squeeze. Up 36% Friday on light,, but heavier than recent volume.
Desert did you add any last week? Hopefully we get that update this week, this stock has been manipulated for too long and is ripe for a breakout IMO. GLTY.
Your welcome FA, in a couple of other pennies that could geta short squeeze too, WWEN and ILCO. I'd like to see what GSPG numbers are as well. They ran it up to .014, figured news was coming and it may be, like I said before mine report due, probably a comment on last quarter production, unless they wait until they have the numbers squared away in Mid-August.
FA Tuesday after close OTC will publish short interest on OTC securities, could be interesting.
http://www.otcbb.com/news/2006/GeneralNews/071406.stm
ILCO this week.
I think .005 here easy next week, all this stock has needed is a little volume.
ILCO going through .0016
a run is coming I can smell it.
WWEN 1 left at .085
WWEN wide spread getting some hits at the ask.
Probably because they moved theask to .0016 when you placed your order, matador market makers.
Analyze what is with the dip, not in rtight now but have been watching the price for re-entry?
BB was talking about WWEN.
BB looks like we will need news to get that short squeeze. If they get contracts for diesel it will be quite a run.
yeah I added a million at.0012 this morning.
yeah I added a million at.0012 this morning.
I've check with the TA every couple of weeks, there has been very little change since December when they cancelled all those restricted shares.
Yeah the MM's move quickly off the ask, need some decent news at this point.
Osignal ILCO has had no dilution, hard to say why the pps is so low. Management believes there is 100 million short position and are weighing options to address it, they told ne next week there will be an update.
Nice volume today.
There were three mm's on the ask at .0011 a few buys and they scatter. Support is kept thin to discourage buying, this is ridiculous. I hope they have a big announcement and a huge short squeeze.
BB I agree, if you place a small order the MM's move off the ask quickly.
Osignal they told me they believe there is 100 million shares short.
BB
just got off the phone with ILCO management they believe there is a 100 million share short position on the stock. They are fullfilling contracts and should give an update next week, could be a nice pop.
Called ILCO today, should get an update next week they believe there is a huge short position in the stock and they are trying to find ways to combat this problem. We could geta huge short squeeze here, hopefully they have something big to announce. I was told they are fulfilling their contracts, so there is no reason for the substantial short position.
WWEN support firming.
WWEN going lower on very little volume, turn coming imo.
I think they are overseas working on new contracts, have not had a reply to messages and emails the last couple of weeks.
A little PAIV money into WWEN would be nice, all we need is some volume.
It will bounce BB.
WWEn pastresistance at .125 and we areoff to the races
No fills WWEN at the ask.
No it is a tiny company I expect they needed financing to complete contracts and acquire new ones. They could at least provide a shareholder update on the website or answer emails.
Then why dont you spare the rest of us and pack your bags and sell. TIA!
WWEN short squeeze starts at.13 this will get much better.
You may be right on the short squeeze, but they have to raise the A/S anyway, wasn't the amount of convertible debt conversion higher than the current A/S. If they raise the A/S and the debt gets converted, buying at the bottom after conversion might be another good play on this one. Then again if they release the mine reserve report right now with a short squeeze in play could be a nice pop.
FA Should have held one more day. You think the mm's may have bought all those shares after the 8K only to run it and sell higher.
Maybe FA, there are a number of scenarios under which this stock can move, I lost faith.