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Shorts are running out of steam.
They are now using 300 and 600 share trades to bring this down. Soon we'll start seeing 100 and 200 share trades. How pathetic.
Frank
OMG! Shorting 80% of Monday.
What in the world is wrong with Shorty. This is going to hurt when the float is announced at zero.
Frank
20100301|SPNG|5998006|7530538|O
http://regsho.finra.org/FORFshvol20100301.txt
Well said starfire.
But that would destroy many individuals who are short so they'll never believe. Even though it's been slowly happening right in front of them every week for the last two months.
GLTY,
Frank
Say good-bye shorts. SPNG is going private.
Frank
fourkids, this might be of interest.
I had expected the Form 4 yesterday because there were some large trades on Tuesday. To my surprise, Pike did not buy any shares on Tuesday. Someone purchased three 1/2 million share trades and one 1 million share trade and it wasn't Pike. I think that's interesting.
GLTY,
Frank
This thing is winding up very, very tight.
I wonder if an SEC Settlement will be announced in the next couple of weeks! (not a question to the bashers here, I know your answer already).
Good luck fourkids.
Frank
Unbelievable!!! Thanks fourkids. EOM
I'll guess Pike will file this evening.
GLTY,
Frank
Well done dent1.
GLTY,
Frank
Buyout or merger is in play.
There is little doubt that more is going on than we know. Such trading activity (three 1 million share trades in a row), has to bring in a buyout or merger into possible play.
GLTA,
Frank
"64%" just as I predicted earlier today.
Someone is trying real hard to neutralize all those half million and million share trades. They can't afford it to start moving into the 4's.
GLTY,
Frank
We will see over 60% shorted today. IMHO.
I see .032 is the new .025! EOM.