is...2 busy vacationing full-time 2 (put something here)
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According to the whacko-pedia, a "pillow-block" is,,,
a fringe benefit, that must be provided to all
union and/or gov't employees, to rest their block-heads,
but can only be used during working hours, and must
be used if there are more than 2 free-loader citizens
waiting on any line visible to the block-head.
Even if he/she has to get up from his/her cot to see them.
Hope that helps.
extra, Sincerely
elf; copi ACTS like a Pinky. Which is ALL that matters,,,
particularly for us shorters + flippers + day traders,
+ momo's + M&M's + Brokers, who actually expect to win,
almost always , and usually do win , unlike longs.
Everybody except longs makes money on pinks + pennys.
While longs in pennys + pinkys, always lose 90+% per year,
on average, since statistics were ever collected. That's
why pinks + pennys keep barely 'trading' , and the SEC
does not seem to care. And, the SEC really doesn't. They just
have a warning on their Official, "sec.gov" Website, saying
NEVER UNVEST IN ANY PINKY. As a 'corollary' we shorters
read that as "Short Every Pinky, or Any Pinky-Like Penny" ,
because, it's easy to make ~90% per year in quick, and
risk-less profits. Especially right after a 2x+ pump.
copi just had a 10x pump. Great for early longs, who sold
out near the peak. And, not-to-hard for us shorters,
who enter after the peak, which we 'define' as any
20+% drop-after-peak. [Which is exactly what copi did,
when it dropped below .072 , and, we were extra-lucky, since
copi was quickly 'recommended' by our 7-and-0 'advisor' .]
[Which is now 8-and-0 , with 2 more in process.]
But, longs don't seem to care. They think it's Vegas,
where everyone usually loses, but sometimes get comps,
at least if they take time to learn to play the comp game.
Here's why copi 'performs' just like any average pinky,
for all of us, including longs + shorts + flippers + M&M's :
1] copi never made 1 penny profit.
2] so, it must always print new 'shares', or
3] sign up for toxies, which become new shares, because
4] they can never be paid off from growing losses.
But, copi is even worse, because, only the CEO ever needs
to vote, on anything, ever, since the 'outsiders' voted
only 1 time, to give him 8x-Super-Toxic-Voting-"Preferreds".
So, now he can vote himself many more, anytime.
Especially, right BEFORE any 'buy-out' and/or take-over.
Eventually, and probably soon, all longs will get way less
than whatever copi is hyped-up to be trading for. Because,
all common 'shares' are really + actually 'worth' almost
Zero, in any 'buy-out' and/or BK, whichever comes first.
Especially as a "1-product + 1-customer" 'company'.
It really is better to make 90+% profit per year in pinkys,
and pinky-look-alikes. And not much more difficult. And,
it takes less than 15 free posts per day.
We are almost done here, for a short time. Others need help.
A parting thought :
99% of ALL PINKYS, + 90+% of ALL PENNYS, DO NOT HELP the
U.S. or World Economies. They just 'borrow' cash from longs,
that COULD HAVE BEEN USEFUL INVESTMENT CAPITAL, but NEVER
PAY IT BACK, because they PERSONALLY SPEND IT ALL, and go BK.
We shorter are very well paid, to minimize such waste.
And, that may be why the 'UpTick Rule' is gone, after 70 years
of delaying shorters, in their profitable pink penny popping.
extra, Sincerely
cargo; We will save this one. A true classic for pinkys...
" The Company is encouraged by recent sales gains and
reductions in its OPERATING SHORTFALL of GROSS MARGIN to
selling, general and administrative EXPENSES. Under FAVORABLE
sales, cost and expense PROJECTIONS, the Company ANTICIPATES
its operations MAY become CASH-FLOW NEUTRAL during the SECOND
QUARTER of fiscal 2008. "
Now, here's what it actually means.
" Our always-money-losing company is still barely able
to borrow enough new toxic cash, to keep paying our
'executives' their salaries + raises + bonuses + etc's. "
And, " We definitely need more loans, quickly, because we
know we are 'cash-flow-negative' now, and we are just hoping
that we still aren't CF-negative in July 2008. "
By the way, ALL PINKYS SAY + DO JUST THAT. And,
when they can no longer fool unvesturs into buying
brand new shares, they run out of new cash, quickly,
and they go BK, and go away, quickly.
A clever string of words. That is not untrue.
So, it's all legal. And, it was still working,
because it kept getting repeated. But no more.
Now we all know what that string of words actually means.
JUST ASK ANY REAL ACCOUNTANT.
By the way, if that was actually also true, as of 31dec2007,
copi will earn the Red Flag Badge Of "NOT A GOING CONCERN"
on their 1st shot at Independently Audited Financials,
assuming their new Accountant does not quit before signing.
And, we see absolutely no way to avoid it, since copi admits,
in the post provided by cargo, that COPI ALWAYS WAS,
AND STILL IS, CASH-FLOW NEGATIVE, AND ONLY 'ANTICIPATES'
THAT THE CASH BLEEDING 'MAY' END BEFORE JULY, 2008.
Well, we learned 2 good new thingys today.
Thanks Again.
extra Sincerely, again, [really, again.]
cargo; You seem to be correct. We all can learn new thingys...
And, those who admit it, have much more credibility.
And, those who ignore obvious Facts about the Real
value of their unvestments, have more bad 'surprises'.
Here's a basic Fact. ONLY FULLY DILUTED EVER COUNTS
Especially in pennys + pinkys, where the Fully Diluted
is at least 8x the current 'Outstanding' common. [like copi]
And, it only takes 1 voter to raise it, to anything,
anytime, forever. [like copi] [and swvc, our other favorite]
Basically, we shorters look at this picture, and see:
Everytime an outsider buys 1 common COPI share, he just
bought 7 more copies, and gave them, for free, and forever,
to the 1 guy who voted for his own permanent massive 8x-cut.
Or, this sub-prime picture.
Buy a copi-like rental house for All cash, for $1,000,000.
But, you must rent it for no more than $0 , because copi pays
$0 dividends. And, you can't live in it. It's just wallpaper.
But, if it gets bought-out, for $8,000,000 , guess what?
You are lucky to get your $1 Million back, with Zero interest,
because the CEO gets the very first 87% of the selling price.
[Assuming Zero commissions, and Zero margin interest.]
We all live + learn, or should. The sooner, the better.
And, Thanks Again to cargo. extra Sincerely
He did learn some of us something today.
Namely, a 10-K must 'Try' to have a disclosure of the fully
diluted float, 'within a few days of Filing'. Even though the
finanshills will be 'as of' the close of the Fiscal Year,
which in copi's case, will be at least 2-3 months old. Which
is exactly what Real companies do. However, if Real companies
are doing really good, currently, they are allowed to say so.
And, usually do. Like, in a PR. Especially if they are paying
Big-Bucks to a PR Company, that is actually paid to release
good news, but ONLY IF IT IS ACTUALLY TRUE. Otherwise, the
PR guys get sued, even if they were grossly 'mis-informed'.
Because, they are supposed to check. Just like Independent
Auditors.
Finally. copi seems to be temporarily stalled.
And, right in the mid .03s. Just like someone else is
covering shorts, right where we said we would, just a
few days ago. How could that happen. Maybe we are having
some short competition, or short trailers. Or, maybe we
really always planned to cover at .0426 , and make a
quick + riskless 40% , after shorting at 0.071 , and higher.
Anyway, as Gene Autry used to sing,
Happy Trails To All, Until We Meet Again
[shortly].
cargo; " in just a few weeks now " , maybe,,,
If the 1st ever Independently Audited Finanshills for copi,
are published + Filed with the SEC, on time, which we think
is 31mar2008, which is more than 5 weeks [not 'a few'] .
Then, and not before then, will the very 1st outsider,
and the very first outside common shareholder :
" KNOW THE TRUTH, about outstanding and REVENUES "
But, by 31mar2008, those numbers will be 13 weeks old.
Because, THE 10-K ONLY COVERS FYE-2007, WHICH ENDED 31dec2007.
And, we all know that a load of dilution has happened since
then, and, we know that the Outstanding has jumped up from
50 Million in June, to at least 130 Million [probably 250+],
right now. That's at least 2.6x-dilution [probably 5x, ++?],
in less than 8 months! And, that's not even counting the
'fully dilutive' stuff, like "Preferreds" + "options" , that
real investors ALWAYS COUNT. THAT'S WHY THE SEC REQUIRES
THAT THEY BE FULLY DISCLOSED. AND EVEN HIGHLIGHTED AS
"FULLY DILUTED EARNINGS PER SHARE" .
Of course, in copi's case, it will be 'fully diluted losses'
per share. Which is good for copi-fans, because it will
make those losses per diluted share, appear to be only
13% of what they really are, if the dilution was ignored.
But, we shorters don't like to ignore
THE ABSOLUTELY MOST IMPROTANT FACTS,
like massive-ongoing dilution, and growing losses,
and 'executives' voting themselves big gifts,
and making sure that they own 87% of all votes, forever.
All built on a house of cards of "1-product + 1-customer" .
GLTA. Still waiting for the 'half-dead-cat-bounce' to peak.
Probably in the high .05s , unless the old longs run out of
new cash in the high .04s .
So, it's high 5's to all, for now.
And, then we'll be back, shortly.
P.S.;
If copi really has such a hot + 'safely patented' 1-product,
why don't they just sell it. And quit diluting, and signing
up for 8x-Super-Toxies, and other loans, and big gifts,
and platinum parachutes for the only guys whose votes count?
We shorters think about that kinda stuff,
instead of reading i-boxys, and PR's, and making phone calls
to IR guys, who are only paid to spin, and spin only.
Also, sincere thanks to cargo,
for allowing both sides to post.
extra Sincerely, extra [really].
high; What's an always money-losing company worth?
In our books, [and most real accountants], it is
really 'worth' less than zero, until it actually
makes some money, or it becomes obvious that they
might make a dime, soon, before they run out of
cash, and have to make even more toxic loans.
By the way, we don't think that copi could even get
a new toxic loan now [like the old Cornys], unless
the new toxie had precedence over the ~8x-Super-Toxic
"Preferreds".
However, if we thought that copi might ever make a penny,
we would still never buy a long share. We would just
offer to loan them ~$100,000 cash, as a 20x-Super-Toxie,
with first dibs, over everything current or future.
[They are probably trying to call us right now.]
[But, we're still not sure that they will ever make a profit,
so how could they ever pay-off any loan, without finding
a newer + bigger + worser loan, to pay-off previous toxic
'deals', when they approach their default dates.]
P.S.;
The other big problem with copi, is the well-documented
"1-product + 1-customer" syndrome. It works for a short time.
Until the 1 customer quits needing them, and finds a much
cheaper + better supplier.
There are hundreds of now-BK, U.S. companies, that were
growing quite well, until GM starting buying parts from Asia.
Bottom-line :
We would never buy 1 common share long, in any super-toxic
company. But, we might buy their #1 most toxic loan. But,
only if were guaranteed to always be their most toxic loan.
And, all salaries + bonuses were required to be 'in-line'
with real + profitable companies.
Anything higher is just, you-know-what.
eelf; Perfect! And Thanks...
Can't believe we missed that super-toxic-biggie.
It's our favorite gem. And, it's even Filed with the SEC.
So, we should have found it first. [We ignore i-box stuff.]
This board really should discuss it , ONLY + CONSTANTLY.
Since it reduces the value of what every long
thinks he owns, by a factor of 8, or whatever.
[Still can't find the "87%" in the Filing. Just skimmed it.]
[But, we did notice that each "Preferred" is worth
100 free commons, and has 100 votes, even before conversion.]
Usually the longs try to 'dismiss' the way-over-controlling
"Preferreds" by pretending that they will never be converted,
and, the CEO just needs the voting control, to make sure that
everything goes his way, quickly, without wasting time and
cash on silly votes.
Yeh. Right. Like if he needs to buy a bridge, quick.
P.S.; Those "Preferreds" will never just 'go away'.
And, they get FULLY PAID OFF FIRST, way before any
outside common 'share'holder gets 1 dead cent.
And, if copi is ever sold, [unlikely], and any cash remains,
after paying off all loans + bills + everythings, the
"Preferreds" are required to get almost all of the loose
change, and all of the commoners split-up the 1 scrap.
We can't really believe that the common shareholders actually
voted "For" this massively dilutive give-away, of most of
their 'value'. And, is seems like nobody even had to pay
anything for their "Preferreds".
[unlike swvc, where their CEO paid a little].
Thanks Again, eelf. And, GLTA,
and we'll be back again, shortly.
eelf; BINGO. This is all that any shorter needs to know...
The super-toxic copi "Preferreds" will ALWAYS :
"retain about 87% of the CONTROL AND EQUITY of the company"
We are not sure if it's 87%, but it easily could be.
[swvc has 1 pot of Preffy's that are always 80% of all shares,
voted for by the CEO, only. Guess who owns them, all.]
If it's 87% for the copi "Preferreds", that's almost 7/8 .
Which means, every time 1 new common share starts floating,
the "Preferreds" get 7 more new shares, for free. Well,
not actually 'for free' , because OUTSIDE SHAREHOLDERS
PAY FOR EVERY ONE OF THEM, VIA MASSIVE DILUTION.
So, if copi has "Preferreds" that are
always 87% of all shares,
We will just call them 8x-Super-Toxic-"Preferreds" ,
and that could explain the sudden increase in the
'Authorized' , way up to 2 Billion, from 'only' 500 Million.
copi HAD TO DO IT, TO BARELY COVER THE 8X-SUPER-TOXIES.
Because, if outsiders own 250 Million floaters, then
the "Preferreds" must own 1,750 Million more, and the
2 Billion is all used up.
So, the 30 Million Brand New Options, announced yesterday,
actually represented an immediate dilution of 240 Million,
overnight, without telling anyone, or asking for a vote.
In fact, votes are never 'needed' , because
the "Preferreds" ALWAYS HAVE 87% OF ALL VOTES.
So, they can 'vote for' even more options, anytime
they feel like they need a raise, because of the
constant successes of copi, even as it keeps losing cash.
By the way, if copi is ever 'bought out',
the "Preferreds" get the first 87%, [after loans are paid-off]
and all of the commoners split up the tiny remaining 13%.
P.S.; Please provide a link to the Filing that shows the 87%.
[And we'll be back to shorting, 1 second after we verify it.]
[We like to do DD Before investing, unlike many, who just
believe PR's, as 'interpreted' + expanded on the internet.]
cargo; "where do we cover?" Next time it will be at .0199
But, we're not short again, quite yet.
We are just waiting, and looking for a 'half-dead-cat-bounce' .
The pumpers are still too optimistic, and have
a little cash left, to buy a little more.
And, it only takes about $50,000 of overly-hopeful buying
to bounce copi 20% in the wrong way for 1 day.
So, we're waiting for the longs to calm down,
and see the light, and run out of new cash.
Besides, the Top-35 still need to sell off at least
half of their 60 Million over-investment.
The 'bottom is probably NOT in' ,,,
until the pumpers admit that they were overly-optimistic,
and have sold off, at least half, at a loss.
They are still claiming to be buying,
so, we ain't done yet. And far from it.
That will probably take 4-6 weeks,
as copi bounces back down to 0.01 ,
where it came from.
Before the massive dilution was first discussed.
copi, the diluting, money-losing, company,
that trades + acts like a penny and/or pinky,
and hides its current + fast-growing float,
is certainly not worth more now, than it was
before this pump started, in December.
But, it's thinly traded, and bounces way too much,
on very low $ volume. Only flippers + day traders,
[and shorters], can safely play here, until it is back to 0.01
But, that's just our opinion, as full-time shorters,
of over-pumped, massively-diluting, always-money-losing,
pennys + pinkys.
Bids + Asks are dropping fast. Expect .03 by noon + lower later.
3 cents is way too soon. This crash is not over,,,
until the trading volume after Feb. 1, 2008 [the dump],
is approximately equal to the total volume in Jan. 2008.
Right now, it's less than 20% .
When it gets to 50%, copi will barely be 0.020
When it's done, at 100%, copi will be lucky to be 0.012
Yesterday, only ~3 Million shares were dumped.
But, according to TheCargoSurvey, the Top-35 have
[or claim to have] ~60 Million shares. Probably,
mostly bought in January. They can't be too happy,
and won't be, until they dump at least half of them.
It will take a month, and drive copi back down, to
where the pump started, ~0.01
That's where copi was in December, and that's where
copi should be now, or soon. If anything, it should
be 50% lower that 0.01 , because copi appears to have
been diluted by 50-100% since Dec. 1, 2007.
And, even the constant pumpers admit that the float
has increased from 50 Million, up to at least 130 Million,
just from June, 2007. THAT'S MORE THAN DOUBLE, IN 8 MONTHS.
And, copi is nowhere near done diluting.
It still loses money [and the pumpers agree],
and, copi quadrupled its 'Authorized' up to 2 BILLION.
No penny or pinky company does that,
unless, THEY PLAN TO NEED IT, SOON.
We still think that the current float is at least
double of what the pumpers claim.
And outside shareholders won't know, until the Finanshills
are released, probably after March 30, 2008.
And, they will only show the float, as of 31dec2007.
Not even showing the 30 Million Brand New Options.
We're not done with copi yet. We covered all of our shorts
in the last hour yesterday, with absolutely no problem.
And, we are looking for a 'dead cat bounce' in the next
few weeks, to re-short, for another quick + riskless
50+% profit.
extra, Sincerely
Not quite right. The optionees paid ZERO...
And, they 'approved' it, all by themselves,
again, as usual. [Or, did the longs actually
vote FOR this?] Whatever. It really does not
matter. But this does :
*************************************************************
" On January 4, 2008, the board of directors of Compliance Systems Corporation (the “Company”) granted the following executive officers of the Company five year options to purchase the number of shares of the common stock, par value $0.001 per share (the “Common Stock”), of the Company as set forth opposite the name of such executive officer:
Name of Executive Officer Number of Shares Underlying the Option
Dean Garfinkel 20,000,000
Barry Brookstein 10,000,000 "
*************************************************************
Which means: THEY BOTH PAID ZERO,
AND HAVE 30 MILLION 5-YEAR OPTIONS.
And, the 'price' is less than half of Friday's close.
Which means, to us shorters, $0.026 , here we come.
GLTA. And, our race starts in 90 minutes.
And, if we run out of our 15 posts, we just go home early.
Or, someonly1 might pay for a 1+day freebee. And we may
post a little more. But, probably not, when copi crashes
down to 0.026 , in accordance with copi's Filings, TODAY.
Thanks Again, as always.
extra, Sincerely
Nice; There goes 30 Million more new copi's, at .026
copi's CEO was kinda slow on Filing + telling the longs,
since, IT ALREADY HAPPENED ON 4 JANUARY 2008.
And, the TA couldn't tell anybody,
thanks to the CEO gag-flag.
But, the CEO got 67% of those newest 'discount options' .
And, his best friend got the other 33%.
And they 'forgot' to tell anyone, until yesterday.
How could that ever happen?
And, what else happened since then?
We shorters just changed our covers,
thanks to the just-in-time Filing news.
That's why we get up early, and work under-time,
just a few extra hours per day. And never work overtime.
Anylong who still believes in 100 Million, or 120 Million
[as documented recently by shorters], or 150 Million,
[as just admitted by copi, although 6 weeks old news],
probably should re-read the Facts, as filed by copi,
and scrutinized by us shorters.
There is+was a very good reason for copi to rush to raise
its 'Authorized' quickly, up from 500 Million, all the way
up to 2 Billion.
Especially since it prevents any 'upLifting' to any
non-pinky exchange, unless copi does another Reverse-Split,
and starts to actually make a profit.
Not likely. Since they never did. Even as a monopoly.
And now, the 'good news' is out, about the 'Permanent DNC'.
And, 20 big + real and/or garage start-up 'companies' will
have newer + better, uninfringing copies of copi's only1
'product' floating out, in less that 6 months, IOO.
Some, probably, in weeks, since everyone knew that the 'DNC'
would at least be extended. And, they all knew it months ago.
And, most knew it must be extended, years ago. 150 Million
voted for it, by personally signing up, on their own time.
All politicians know exactly what that means.
Especially in this 2008 Election year.
GLTA again. The 10k run starts in 2 hours.
And, the shorters have been warmed up for hours.
And, have already verified the newest + best copi DD.
Wally; In your words,,,
And if you check the 5-year price history of swvc,
it is very easy to see that :
" The [swvc] shares have been sucked [down in price] like a
vaccum [sic.] and everyday it gets harder to [ever break even] "
The only swvc 'accumulators' are the ones who forgot to
sell before the end of December, 2007.
Now, they must wait until April, 2009 to get their
tax refund on their 5-year-sinking seaweeds, but only if
they remember to dump them before 31 December 2008.
Just check the price history of swvc.
We shorters always do that first.
Wally; Shorters love pennys that dilute to stay pennys...
And, when they get way over-priced, which they usually are,
we bet against them, totally legally, and 'fix the problem' ,
for a slight + nearly riskless + quick fee. Usually 50%.
The longs don't mind, because they always think that it is
temporary, thanks to 98+% 'positive' posts from other longs.
Longs just keep buying + holding + buying more.
While we shorters correct the excesses, quickly, and move on.
And only return when swvc's price is again way over-priced.
Lately, with swvc, it is, frequently.
Until swvc actually earns any money, and pays any U.S. Tax,
is looks like it is way overpriced, and a great short.
Especially with its ever-growing collection of toxies,
and its 'desire' to buy many more toxic 'companies', ASAP,
and mostly because of swvc's 5x-Super-Toxic "Preferreds",
that only the CEO voted for, to only give to himself.
And, he could vote for as many more as he wants for himself,
at the direct expense of all outsider longs, any day, and any
time he wants, because only his 80% vote counts, ever.
So Wally, what's so wonderfully long about SeaWallValley?
We shorters see the wall as an almost-constant easy profit.
And, we are still helping to 'correct' its price, 4 a profit.
Trani; It's not overtime, which is required,,,
for those who can't get the job done on time, or sooner.
[Who knows why unions pay them 50% extra. We don't.]
It's under-time, or preparation, before the other workers
clock in, usually slightly late, with excuse notes from mom.
copi is going to be 'funny' today. Especially if the already
way-overloaded longs + PR-believers pump + buy any more
copies of the newest copi's.
A few extra hours planning, at the exact right time,
will earn us shorters an earlier + longer vacation.
We expect copi-overloaded-longs to buy at the open, as they
think that they have cleverly planned. The more the better.
If so, just sit back and watch what happens at 2-3 pm,
or join in. If you have an Off-shore Broker who shorts copi.
They almost all do. Because their biggest customers are
Hedge Funds, who only use Brokers who short everything useful.
The big copi longs, and their Mods, must all live + trade
only in the U.S. Or say they do. That's good for us shorters.
We short always-money-losing pinkys + pennys, just like copi,
all the time, right from U.S. beach houses, using cell-phones
and computers. As we execute, in any world market, usually
through the Caribbean, because it's a nice place to visit,
while 'working'. While the Mods keep saying they can't.
And, they probably can't. It takes real DD+$s to get going.
But, the Caribbean Cruises are 'consoling' .
GLTA. We are already done sleeping for today.
And early-packing for our early-earned vacations.
Keep goin copi. The trend is our friend.
shank; icbm has crashed 99% in the last year...
So, why does anyone think it might take off soon, or ever?
Even the recent longs need a 10,000% pump, just to get even.
Please respond whenever your new job allows. TIA
extra, Sincerely
gegp has been flat-lined below way .0001 for many months...
Is it planning to Reverse-Split again? and when?
so we shorters can resume trading + profiting.
Hopefully, the Reverse will be 1[new]-for-10,000[old],
to pull it up to at least 0.1 , since it can't even barely
trade at 0.00002 for the last few months. TIA
extra, Sincerely
AP; Thanks for those photos or the swvc 'execs'...
Two of those swvc guys really look happy. Who are they?
And, who are the other two swvc guys,
who don't look quite as happy? And, why not?
Since we shorters assume that this is the best one,
of several posed photos.
We shorters of swvc, [and we assume that most longs, also],
always keep these photos in view, when we are preparing
to buy or sell swvc. Just to make it feel like we trust
our feelings about the insider planners of swvc.
By the way; the tall guy, on the far right, has his badge
really tilted, like he hardly ever wears it. Who is he?
Thanks Again, in advance, and we all hope that you have
enough time to respond to us. We all understand that things
are not moving really fast in the low-end-retail sector,
since the current recession began.
extra, Sincerely.
We shorters love those swvc photos...
Especially the fully-posed + overly-smiling 'execs'.
Our swvc day-trader has it taped on one of his monitors,
above a recent article from 'Psychology Today' ,
that analyzed the insight to be gained from photos
of waffling politicians + CEO's of money-losing companies,
that are posing for overly-prepared PR photo-shots.
[It really needs an update, for the upcoming Pres' election.]
And, some comparative photos, when they had no warnings.
And, conclusions from the article, regarding the probable
meaning of the differences between 'publicly/happy' ,
and 'really/worried' .
We don't think Ph.D.'s in psychology know enough about
shorting pennys and/or pinkys, but their 'analyses' are
'right-on' , somehow.
And, our swvc day-trader shorter is #1 recently.
Which is good enough for us, while it keeps working.
And, if it keeps working perfectly for a few more months,
we will promote him, with a big bonus, and give him a staff.
P.S. ; We also like the photo of low-priced mini-cars,
in the swvc mini-mall. Hopefully, Psy-Today will study that.
We sent them the swvc pic, and our request for a new study.
They said they may, if they get govt. funding.
i.e., It's now on their hot list. But, don't wait up
for any useful results for swvc shorters, or longs.
These govt-funded psyco-studies take many years, and useful
results are rarely published until the funding runs out,
and they need more new cash [like swvc].
Looks good to us shorters,,,
Way too few longs are holding way too many shares.
And, those momo's have probably held most of them
through the peak, and are now down 50%.
The momo's we know, hate that. Even if they are still
sitting on small profits. They are never supposed to
hold through a 20% drop after a pump. That's why we
start shorting there. Then the momo's hit the turbos.
And, it's usually 2-4 weeks to a quick + riskless
30-80% short profit. Then, we cover all, in 20% steps,
until all out. If we move too fast, in steps over 25%,
the market counter-acts our profits. Both ways, shorting
or covering. It's an old method, that still works good.
But, since the "UpTick Rule" was cancelled, a few shorting
momo's have tried shorting on downticks. Just to see how
good it works. It does drive the target down much faster,
especially on thinly-traded pinks + pennys, like copi.
But, they make ~30% less profits, which is OK with them,
because it's ~twice as fast. So, about half the risk.
We love it if one of them does it, while we don't. It does
not look that way, so far. But, it could happen, soon, on
the next copi pump&dump, if there are any 'surprises' with
the 10-K, especially if it is late, and/or the Auditor quits.
We are totally out of most stocks 90+% of the time.
Except for a few, that do 2+ pump&dumps per year.
If momo's really have ~75% of copi floaters, that's great.
But, of course, only the copi long-term longs believe that
there are currently only 120 Million floaters. The 'trend'
indicates that there are probably 250+ Million now, since
there were 120 Million 4 months ago, and 'only' ~50 Million
reported in the 10-Q for June '07 that was Filed with the
SEC in late August, 2007. And, copi never tells, [earlier
than required by the SEC], how many new shares were launched,
and the TA is wrapped in the Gag-Flag, which is always Red
for longs, and Green for us shorters.
GLTA. Less than 9 hours until race time,
and 8 hours until warm-up. Good Night.
only; Where did you hear "4q by 2/21" ,,,
and is it for this stock, or a new one?
Also, did the advisor mean that the 10-K would
be out by 2/21 , or just the first hints from
insiders, to start the next copi pump?
The original plan was,,,
Short at .071 , after the 20% drop from the peak.
And cover within 4 weeks [no matter what price],
but expecting .045 , for about a 40% quick profit.
But, since copi is dropping so fast, and the boards
are so over-pumped, we are now expecting to cover
at .036 , for a 50% profit, and still well within 4 weeks.
If the dump stalls near .045 , we'll cover there,
or, within 4 weeks of our bet, whichever occurs first.
We never argue with the advisor + friend, as noted in your
post. Since we are 7-and-0 with them, in the last few months.
We are still waiting for their next pick. This is the last
one for quite a while. And, their only active one. Previously,
in the 'good ole days' there were always 2-4 active.
They could be running low on cash, because their picks
were long [they said, or pretended], but we always played
them short. Because we are not permitted to be long in any
pink, or penny, or always-money-losing company.
GLTA, The race starts in less than 12.5 hours, but,
the serious runners always warm up 1 hour earlier.
cargo, How many have signed up for the 9:30 run?
We'll be watching. If there are 10+ on the starting line,
it might work until noon. If so, we may short another 10%
around 2pm, just to re-level the race-track. And, that
may trip up the 10k runners. Probably half will sell back
their 10k's anyway, when our shorts drop in.
If they jump back out fast enough, they will only lose less
than $100 , assuming that they reverse their day-trade
before copi drops $0.01 , which we expect for late Tuesday,
or before noon Wednesday, at the latest. Followed closely
by another 0.01 drop [to about 0.038] by Friday.
It will get stuck at 0.036 for a while, as we cover,
and then trend more slowly into the high .02s.
Then, flatline, until the 10-K is Filed in very late March,
or early April. A nice long break, to get our taxes done.
Our guess is that the Financials are not too good. Otherwise,
copi would be dropping hints, which is not illegal. Things
like 'still on target for possible profit by Q4', or some
other ~neutral statement that would not cause the SEC to look
around too much.
After all, copi's last quarter ended 7 weeks ago, and there
is no inventory to count, and everything else is computerized.
copi should have known their probable bottom line loss by the
end of last month. If it were better than expected, they
would be hinting by now. But, so far, no hints. Which is not
good news for longs. We are not too concerned, because we
should be covered by next week.
But, if the First Audited copi 10-K is not good, we expect
another pump&dump by late March, with the dump starting a
few days before the 10-K is public. Since too many insiders
get early hints. If there is another pump&dump, we'll be back.
Our early guess is 0.02 - 0.06 - 0.05 [short] - 0.03 [cover],
all within 2-3 weeks after the next pump peaks at ~0.06 ,
in late March, right before the 10-K is released. If it is
released late, the dump will be faster + deeper. Probably .01
We are saving this post, in case no others remember.
GLTA in 10 hours, when the Tuesday 10k Copi Race begins.
It will certainly be interesting. And profitable for 1 team.
We expect the .04s in 16 hours, and the .03s in 3 days.
Tomorrow may see a small pump at 10am ,
if the pledgers follow through, but, it
should be erased with no trace, by 2pm.
GLTA
So, WWAT's biggest insider dumped 10% new shares,,,
straight into the WENT retail float, in one month.
He only got caught because he did it all in 1 month,
and made the Top-10 List of Insider Sellers.
Who knows how much he does in the average month?
Or, why he does it? Or what he knows?
And, what wwat outsiders do not know? And why not?
What we do know about wwat is that wwat always loses money.
And, the more contracts they 'win', the more money they lose.
Looks like WHAT's 'business plan' is to underbid contracts,
and make it up by selling new shares to old outsiders.
Otherwise, they could not keep raising their salaries, and
bonuses, for doing such a good job in 'growing the company' ,
and growing the losses, and the outside shareholder float.
The 'survey' proves that there are way more than,,,
120,000,000 currently floating shares, because,
58,150,900 / 120,000,000 = 48.46%
There is No possibility that 35 outside + retail
ihub posters own almost 50% of Any penny or pinky,
that has actively traded for ~1 year.
Also, at Friday's close of $0.056 :
58,150,900 x $0.056 = $3,256,450 = owned by 35 posters,
so the average one claims to own :
58,150,900 / 35 = $93,041 'worth' of copi
Again, there is No possibility that 35 posters own an average
of over $93,000-'worth' of Any single penny or pinky stock.
More than likely, the survey is highly biased,
because of so few responses. All coming from admitted
owners of a depressed penny/pinky, who pump and/or
believe what they read on the internet.
Our guess is that the real top-20 retail copi-clutchers
actually own ~20 Million copi's, comprising ~8% of the
current float of ~250 Million copi's. Which also explains
why copi had to raise the 'Authorized' from 500 Million,
way up to 2 Billion.
But, only the CEO + TA know for sure, and they ain't talkin.
One refuses to talk, and prohibits the other from talkin.
We shorters know what the Gag Flag means, especially for
pennys + pinkys. Massive dilution, because the money-losing
company is out of cash, and can't get anything but toxic
loans, which cause even more massive dilution. Every company
that always loses money must dilute, or go BK.
Two reasons...
1] The short Facts speak for themselves.
2a] Five paying Mods,
2b] For-ever asking,
2c] Three answered questions,
2d] To
2e] One expert group of shorters.
Only the most meaningful + brand new questions earn answers.
But, only after our always ultra-meaningful Facts are refuted.
Besides, we may need some ammo for our other donee programs.
Anyway, since this free post is already spent, consider this.
Traders + flippers + shorters make their biggest bucks,
fastest, and with minimum risk, by finding volatile, and
thinly traded [in dollars] stocks, that are priced grossly
wrong.
copi is perfect. Especially for us shorters.
The 5 Mods, and most of the other posters, and ~98% of
all posts, are overly-enthusiastic about copi.
And, cargo's 'survey' seems to show that ~50+% of what they
[wish to] think is the trading float is owned by them.
So, they think that they can control the daily price swings.
And probably CAN, temporarily. Especially if they publicly
plan to deliberately vibrate the price.
That's the favorite playground for shorters/traders/flippers.
It is especially riskless to shorters, in the case of copi,
for a raft of Facts, previously posted, but unrefuted.
But, we don't even care if copi is about to boom, and all of
the 98% posted exaggerations are true, eventually.
As long as copi is currently way over-priced, and the very
few over-buyers are running out of new cash. Then, the real
market corrects, and the contrarians profit.
It's especially easy on pennys + pinkys, where 90% of longs,
lose 90% per year. And, since it is a Zero-sum game, it
must all be collected by shorters + Brokers + M&M's +
the shareprinters + toxie-buyers.
By the way, a shareprinter CEO is most similar to a shorter.
They both sell shares first. But, the CEO never has to buy
any of them back. And makes 100% profit, immediately. It's
a little tougher for us shorters. We don't ever profit
immediately, and we sometimes have to cover, unless the
'company' goes BK and/or quits being allowed to trade.
Which ever happens first. And usually does, because 90% of
all pinks and/or pennys go BK within 3 years.
So, Let's Roll out the bouncing copi's + play ball in 31 hrs.
Sounds like a plan to save for the future,,,
especially if it even slightly works.
By the way, how do those extra-longs
dump those extra shares, without
" set[ing] off a chain reaction and cause the price to [crash]
into the double [Zero] digits in a few hours as the [longs]
are forced to [sell] at [any price] to [dump those extra-fast
crashing shares] ... "
[Copy + save + send + click]
[Re-visit Tuesday + send away.]
How do you 'buy-out' a penny and/or pinky stock,,,
that has never made a penny, for many years,
and has a huge toxic debt, joined at the hip[s],
and has only1 'product', that is easily COPIed,
and enhanced to avoid any expensive + never-ending
'patent infringement' lawsuits against the copier,
by the copied, who is always out of cash anyway,
except right after selling newly copied shares.
And, while the non-lawsuit is never even filed,
due to lack of copi funds + substance, the copier
starts selling the quickly copied + enhanced software
and services for less than half the price, that caused
constantly growing losses for the copied copi.
In our opinion, since the President signed the new,
and now permanent DNC law, real companies will start
to jump in, using real cash, and make a real quick profit,
in less than 1 year, and develop + sell a much better,
and better-supported real product, for less than half of
copi's money-losing price.
Bottom-lines :
1] It makes no business sense for any real company to
buy copi, because their only1 product is easy to copy.
2] But, if they did, because of copi's toxic debts exceeding
copi's carry-forward tax losses, common copi shareholders
would be lucky to get Zero, because copi's real value is
actually way less than Zero. And, going down, fast. Now that
the not-really-news is out about the Pres signing the
permanent DNC, and making it open season for real copiers.
[Darn. Typed too slow, and missed midnight. ]
[Oh well. Not even close to using 15 Facts per day.]
cargo is right. There was a big typo in this :
" And, the 10-K will only say what the Float WAS,
THREE OR MORE MONTHS EARLIER, as of 31dec2008. "
Accidentally , but importantly that ~"False info"
is now easily corrected, as follows, to :
" And, the 10-K will only say what the Float WAS,
THREE OR MORE MONTHS EARLIER, as of 31dec2007. "
The last digit of the quote should have been,
and now is a "7" , and obviously was a typo.
However, we can predict what the actual float will be
by 31dec2008, based on the current trend, and the huge
increase in the 'Authorized' Float, quickly up another 4x ,
to 2 Billion, and still probably counting up, this year.
Also, cargo caught another important critical goof,
on our part. We kinda just assumed that outsider longs
would not actually vote, and especially not vote yes,
to increase the floaters from 500 Million, all the way
up to 2 Billion, while also thinking that the then-current
float was 'only' 100 Million shares.
We shorters should be more careful to Not Assume that
pinky and/or penny longs care about massive dilution, and
frequent Reverse-Splits [per znxt/paim/whatever].
Or 5x-Super-Toxic 'Preferreds' [per swvc, only, so far].
They actually think that it is just the normal + best way to
'finance/cover' constantly growing losses, and delay BK.
And, we shorters agree. And appreciate [with] their votes.
By the way, just curious. When there are shorts, there are
an equal number of apparent extra longs. So :
1] Do the extra longs also get to vote? and,
2] Do the shorters get to vote backwards?
Not that it really matters, since Insiders always control
over 50% of all votes. And, if not, they are very careful
when they recount them, until it all adds up correctly.
" The float is [NOT] about 100 million shares,
THAT'S a [Real] FACT [filed by copi, at the SEC] "
It was at least 120+ Million, Many Moons Ago.
And, only 'revealed' in a SEC Filing, BY COPI, because
some Insider dumped shares, and fell below 5% ownership.
And no outsider knows what's floating now.
And copi won't tell. And won't let their TA tell.
Which is always a Huge Red Flag, for a well-documented,
massively-diluting, pink and/or penny, that never made a
penny profit, and just raised its 'Authorized' share limit
[with no outsider votes], by 4x, even though it was already
5x the last Filed Float.
How many pinks and/or pennys have an 'Authorized' that is
5x of the current float, and rush to raise it by another
4x, to make it 20x, without asking for shareholder votes.
The next chance to know the always still old + outdated float
will be in the 10-K, probably to be Filed with the SEC on the
last possible day, or possibly late. If it's at all late,
and/or reveals increasing losses, and/or massive share dumps,
especially by insiders, the bottom will fall out of copi,
and the toxies will be triggered.
So many possibilities for another perfect short storm.
And, the 10-K will only say what the Float WAS,
THREE OR MORE MONTHS EARLIER, as of 31dec2008.
We shorters appreciate [with] the "mis-information" that
tries to fog the Real Facts, which shorters know.
So, Thanks Again. And, please continue the go-copi dance.
While we shorters waltz to the music of 90% profits, yearly.
Over 120 Million floaters, as Filed, on 4jan2008...
And, here's the quote from the copi filing with the SEC :
" ** Based on 120,351,238 shares of the Issuer’s common stock
outstanding as of latest 10-QSB filing; November 14, 2007 "
You guys should quit 'estimating' go-copi Non-Facts,
like this :
" We still think the float is less than 100 million shares,
so here is what I would like to do... "
And, the 120+ Million in November, was Up more that 20%,
from the previous copi SEC Filing, which showed the
'Outstanding' at ~100 Million on July 1, 2007.
No outsider knows what it is now. Except:
1] copi + their TA won't tell any outsiders.
2] And, copi raised their 'Authorized' by 4x ,
3] from 500 Million, all the way up to 2 Billion ,
4] and no outside shareholders got to vote.
5] Seems like 500 Million 'Authorized' was way to low,
6] and a super-fast, 4x-increase was urgent.
7] While the longs still think that the float is 100 Million,
8] so even the old 500 Million 'Authorized' should have been
9] a very scary 5x 'cushion', for a long time.
Maybe some Mod can find out "What's wrong with these Facts?"
Before these recent SEC-Filed-copi-Facts show the longs,
what we shorters already know.
Almost all pinks + pennys do exactly the same thing :
1] Never make a profit.
2] Build up toxic financing, which can't ever be paid off,
3] Because they never make a profit.
4] So, then they must also print new shares, ever faster.
5] And the share price drops to 0.0005 or less.
6] So they must Reverse-Split, as long as new longs,
7] Keep buying + holding + buying more, because,
8] They only believe company PR's, and the go-copi's,
9] Who even exaggerate the PR's, and try to blanket-fog out,
10] The real Facts, posted by the shorters.
The shorters actually benefit from the long fog, because
the pinks + pennys get temporarily way more over-priced.
Providing super-profitable pump&dump give-always to shorters.
And, in between the pump&dumps, 90% of All Pinkys + Pennys
lose 90% , every year, since statistics were ever collected,
starting more than 20 years ago.
Even Lotteries only keep ~50%. And, Vegas Slots keep 2.5%.
While pink + penny longs lose 90%. And, shorters only bet
with the house, and win 90%, consistently. And much more
by shorting dumps, after pumps stall, and drop 20%, like copi.
Have Another Nice Play Day.
[Less than 36 hours till real-time.]
From copi's latest 10-QSB, dated 30sept2007...
" Also, the Company is increasing its authorized common stock
from 500 million shares to two billion shares. "
Apparently, only shorters think that this recently Filed Fact
is important, and know that it is The Most Important Fact of
all, about copi, and what copi plans to do, massively.
And, what that will do to the trading price of copi, very
soon. copi 'only' reported ~50 Million floaters on 30june2007.
By 30sept2007, copi was reporting ~100 Million floaters.
And, a subsequent 8-K reported that 4.5 Million shares was
3.74% of a later float. So, 4,500,000 / 0.0374 = 120+ Million
floaters, and rising, fast.
And, copi was worried that 500 Million 'Authorized' was not
enough for near-term 'needs + plans'. Even though it was
5-Times the current 'Outstanding' shares, at that time.
No outside shareholder knows how many more shares started
floating in since 30sept2007, which was almost 5 months ago.
But, everyone knows that copi doubled its float, in just
the prior 3 months [30june-30sept2007], because copi Filed
That [supposedly] Factual Data, with the SEC, and on time.
And, 5 months ago, copi said, in that last 10-Q, that they
quadrupled their 'Authorized' , all the way up to 2 Billion.
So, obviously, copi plans to go over 500 Million, real soon,
and keep movin on up to 2 Billion. And, when copi gets near
2 Billion, they can just raise it again, without any outside
shareholder voting. Just like no outside shareholder voted
to quadruple it from 500 Million, up to 2 Billion. [Which
also prevents 'uplifting', unless copi does a Reverse-Split,
and starts making an after-tax profit.]
Meanwhile, the longs proudly add up their 49,942,900 shares,
and probably think that they have half of the 5-month-ago
reported ~100 Million floaters. While we shorters are kinda
sure that the float is at 500 Million, or soon will be. And
copi plans to keep going on up to 2 Billion.
So, all of the longs ~50 Million shares, all added together,
are just 2.5% of copi's currently planned 2 Billion shares.
2.5% is only "30 longs strong" to the 30 that ignore the
other 97.5% , and the fully planned + 'Authorized' + Filed,
fast + massive 20x dilution, from 100 Million, all the way
up to 2 Billion. And, as much more as the outside shareholders
never get to vote against.
Trading re-starts in about 36 hours.
Most will sleep twice, for a total of ~16 hours.
Which leaves ~20 hours to think about the above Facts.
Or, just have the 3rd + last nice day,
of a mostly go-copi 3-day weekend.
Better yet, have 19 more hours of fun, and take the final
1 hour off, to read the latest copi 10-Q.
And, go to sleep early on Monday night. To be one of the
first to act when the market re-opens, early Tuesday morn.
Have Another Nice Day. But,
don't count on 'Good Luck'
to cancel out Filed Facts.
The latest copi 10QSB was scary. Here it is...
http://quotemedia.10kwizard.com/download.php?ipage=5277762&action=RTF&src=quotemedia&msrc=68a2dcc319463f7fa6367eee2437b37d
It seems that most longs have not read it.
And it is rarely mentioned here, though it is full of facts.
But, many hopeful projections are posted, that are not even
supported by Press Releases from COPI.
And, copi has never issued a 10K. Which is supposed to be
Independently Audited. It is supposed to be filed in March,
but, since it must be Audited, copi has undoubtedly prepared,
and probably delivered all '10Q-Equivalent' Finanshills to
the Auditor, for copi's very first scrubbing.
The fact that copi is saying nothing about their Q4 and
Full Year 2007 'Performance' is not a 'good sign' of things
sure to come, and be filed + published just next month.
Thus, copi will certainly not be able to justify a share
price increase until April, after publishing the 10K.
Meanwhile :
1] copi has lost more money every quarter, for many years
2] copi is way over-loaded with toxic convertible debt
3] copi recently increase its 'Authorized Shares' to 2 Billion
Just previously, the 'Authorized' was 500 Million,
with 'only' about 100 Million currently Floating.
We shorters know exactly why an always-money-losing company,
[like copi] is quick to increase its 'Authorized' , when its
current Float is still way below its previous 'Authorized' ,
TEMPORARILY.
Then there's copi's , basically, only1 'product' ,
which is distributed, basically, by only1 company [VeriSign].
We see 2 possibilities. Neither are good for copi longs :
1] copi's 'product' is good enough for VeriSign to control it
while copi keeps losing money, and can't pay its huge debt.
Then, VeriSign 'buys-out' copi, but must assume copi's huge
debt. Leaving Zero value for all outside common shareholders.
2] copi's 'product' is not 'good enough' , and is easily
'copied' , and 'enhanced' , by VeriSign [our guess], or anyone
else. It would take just a few months, and avoid any 'patent'
infringement nonsense, which copi could not afford to even
start, much less fight, for many years. And then, the newer
and much better Call-Blocker program is sold to all of copi's
current + future customers, because it will be less expensive,
and include more useful features, which are constantly and
quickly added, because a real software/security company is
doing the programming.
Finally, 'The DNC Bill' that was just signed.
copi longs keep cheering about the 'great news' , but,
again, it's not such good news, because :
1] Everyone knew it would pass, and be signed, especially in
an election year. Both Parties sponsored it in Congress, and
it was always supported by the President, assuming it was not
loaded-up with 'Earmarks' , which it wasn't [although there
were a few feeble attempts]. So, now "The News" is out, and
it's time for a copi crash, due to the well-known rule of
"Buy on Rumor, but Sell on News" , ASAP.
2] But, even worse, specifically for copi, that claims to be
'the world leader' in DNC-blocking. And, they could be, now.
Because, until the DNC Bill was signed, and made permanent,
it did not make any business sense to jump in, and lose money,
as copi always did [by selling penny shares, and toxic debt].
We believe that, within 6-12 months, several better copies
of the old copi software will hit the market, and undercut the
price. While copi can't even make money at the current price,
which is way overpriced, due to copi's temporary monopoly.
So, until Tuesday, everyone is cheering, longs AND shorts.
But, shortly after Tuesday, it won't be long, until the real
business facts 'adjust' the price of copi to its real value.
[Which is very clear to shorters in the most recent 10QSB,
and will be documented fact when/if Independently Audited
Financials are actually filed with the SEC next month.]
Have A Nice Two More Days.
[While we don't even need to use our 29 more posts.]
[Or, buy infinitely more, for a few bucks, like the longs.]
All traders like copi to run. Up OR down...
And shorters like it best when it over-runs.
Then, it's our job to correct the price, for a fee.
And watch + wait for the next over-run.
copi will keep over-running as long as its longs
keep pushing it way ahead of its own PR's,
and trying to minimize real + bad news,
and those who post those important facts.
A balanced board is best, IF the stock is any good.
Otherwise, the stock becomes too volatile for real
long-term investors. And, it becomes a playground
for day-traders + flippers + shorters.
Everyone knows that the DNC bill will become law,,,
whether it's signed or not.
The problem for copi is when anticipated news hits,
the dependent stock takes a hit. Could be next week.
It's called "buy on rumors, sell on news" .
Meanwhile, today was great for shorters.
And a few lucky flippers, who were financed by two painting
crews, that arrived at noon, and end-of-day.
Otherwise, copi drifted down all day.
Looks like the shorters left at noon, to get an early start
on the 3-day-weekend. We expect them to return on early
Tuesday, and finish the job. Even if the painters mop up
a little, as the shorters sandblast copi down to .030 ,
especially with no more waiting for annoying upticks.
The real, underlying problem with copi is that the longs
keep trying to push it, way beyond copi's own news releases.
And, everyone knows that PR's are way overly positive to
begin with. It's the perfect set-up for shorters.
After we shorters cover next week at .035 , we expect the
longs to buy it back up, maybe to .065 , which will just
set it up for another short run back down to .025
And, the flippers + day-traders will arrive en masse.
It should be very exciting next week for almost all,
except those who only buy + hold + average down.
GL + A Nice Weekend To All , including advisors
P.S. , Very profitable day, and it only cost 6 free posts,
leaving 9 unused, but who's counting.
Wow, that's wild. Recovered half way, and stalled...
Looks like a fairly typical 'dead-cat-bounce' ,
unless longs keep buying, and even faster,
now that the shorters are returning from lunch break.
What is interesting is that the shorters put in market sell
orders, that go to the highest bidder. But, the longs
are trying to buy 'cheap shares' , so they keep lowering
their bids. So, the longs are actually helping the shorts
take copi down.
Expecting to dive below .050 today, and possibly close
below .040 , especially if the longs keep wanting cheaper
shares. And, when they run out of cash, and quit bidding,
the 'bear trap' snaps, and the shorts cover after a quick
plunge to .035 - .025
We're not that greedy, or risky. Besides, we shorted
all we wanted at .071 and higher. So, we cover at .035
after a super-quick double.
As to the amount, let's just say this.
The commissions were over $500
And, we will have no trouble covering,
not that the volume has tripled.
A surprisingly perfect short storm.
Thanks to the advisor, and friend.
The only question is, how many longs will sell quick,
above .050 , and buy back twice as many at .025
the point is that is that longs are Not taking up the shares..
Apparently, most already have twice as many shares as they
ever wanted, due to recent over-hoping, based on No filings.
That's why copi is crashing, under high-volume selling,
and/or shorting pressure.
Keep ignoring the facts, if necessary.
Cargo may be right. If longs sell quick,
before copi breaks down below .050 ,
they may be able to buy back twice as many shares,
at .025 next week. We shorters will be covering,
and long gone before then, at this rate.