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Judging from the chart, 21 should hold, which is the 20 ma. It has been tested before and held on multiple tests. So those 19's were a gift. 39 will be tested again. Mark this post. NewDollar$
stockcharts.com can help you become more effiecnt in that area.
HOW DOES NAKED SHORTING ACTUALLY WORK?
Based on the accounts of CEOs who believe they have been the target of naked shorts, here is how the worst-case scenario might play out using an ill-intentioned hedge fund (“Fund Malicious”) as an example.
Fund Malicious first identifies a target in the microcap world for naked shorting, most likely an obscure company in the development stage or having otherwise questionable fundamentals. The hedge fund gets that firm listed on a foreign exchange in, say, Berlin, via a request funneled through a complicit broker or official in that country. Malicious then sells short shares it doesn’t have (naked shorts them), waits three days for the DTCC to call and ask for the shares, and then replies either, “I borrowed them on the Berlin exchange, and they’ll take some time to get here,” or “I’m a market-maker for that company’s shares in Berlin and naked shorting rules don’t apply there.” The DTCC then loans the fund shares from its inventory and charges the broker a fee until the stock loan is repaid. Malicious, in the meantime, continues to drive the price of the target’s shares down as long and as aggressively as possible. In the event the fund does cover to pay off the stock loan, it doesn’t take much effort to begin the naked shorting cycle again.
Other theories exist as to how the hedge fund might skirt additional rules. To prevent “piling on,” exchange rules mandate that a stock cannot be shorted on a downtick or decrease in stock price. In other words, Malicious must wait for the stock price to increase briefly before shorting the company. Rather than wait passively for an uptick, though, Fund Malicious can create an uptick in the stock itself by purchasing a few shares through a small offshore account. The hedge fund is then free to short (or naked short) the company with both barrels at home.
Malicious may get additional leverage out of the original naked short by choosing to target an ugly, obscure microcap company. By driving the price down, the fund hopes to scare existing shareholders into selling their shares, too, out of fear that something is going on that they don’t know about (i.e. the fund can “paint the tape”). This, of course, drives the price even lower while further obscuring the role of Fund Malicious.
There is plenty of room for additional mischief in the above scenario. According to the most vocal critics of naked shorting, funds like Malicious have relationships with reporters and/or message board regulars who are compensated to distribute negative news about the company in order to exaggerate the selling. There is also plenty of irony possible, in that a CEO can be her shareholders’ worst enemy by merely uttering the words “naked shorting.” Investors may panic, the stock might dive further and legitimate short-sellers could begin to circle.
TOP STICKY NOTE IS MISLEADING. Do your DD and profit. GO Srge, trade your money and not your emotions.
Based off of todays pr you can almost expect postive results in their finacials that will be released prior to open 11/23/2012.
If you're making money please STAND UP!!! Love being a BULL right now and 11/23/2012. WHAT? OK.
The 23rd will be here soon. I want info that shows a scam taking place. If not then it must be your opinion.
Why would a Moderator be involved with a scam?
Check this out, day to day total number of shares shorted, Newdollar. http://otcshortreport.com/SRGE
Kojack, got my Divy this morning.Check your account.
I don't see double news today
Thanks, you're always on time.
nothing about QASP or Mineseeker. I feel if they are trying to move forward they need to get more attention than what they have now. it would have been nice to see Q or Ms on that.
Post that again so i can read it.Tia
Correct, from here on out lets continue to flood the board with positive info. There is a reason why dean wants a chunk of mineseeker.Mineseeker is a real company involed with some very powerful people. So with that said here is something else.http://www.paulmitchell.com/About_Us/WeCare/Philanthropy/Pages/MineseekerFoundation.aspx
Check out the pic in this article, interesting.http://maic.jmu.edu/journal/5.1/Notes/Mineseeker/mineseeker.htm
Is this related to Mineseeker or is this another company with the same name?http://www.airforce-technology.com/projects/mineseeker/
Show me a Copy of the Business plan Brother. I am not a basher just starting to ask the questions that need to be asked.Pass this on to Jinman to How in Gods name do you know how many seconds it took him to write the press release?
You can't be that slow man, no disrespect. He anounced it as if he closed the deal. If i said to you that I plan on aquiring Mc Donalds you would know that I am in the works. Ok, I announce the acquisition of Mc Donalds. It's as if it's a done deal. Be real and don't make excuses for him. I like and still do, we have to hold to higher standards as a CEO. Ceo means the same thing in any business. Still if anyone feels distraugt send him a ear full let him feel your pain. It was us who helped him when he needed it, there is no denying it.
He could have said corparate air instead of acquisition 3. Is that misleading or misrepresentation? He could of said in his other press release he will be aquiring corparate air and stated that it has been aquired today and that would have gave a more positive feeling that he was being true to his words.
I hate say but it might be good time to file a complaint. Mineseeker might be getting alot of e-mails after this. Where do they think qasp is raising money from? Us he talks about AAI but what about us because if I remember right 123 were supposed to make some coin.We have to start asking question to protect our money.
Get this I'm not a basher, I invested my money and right now at this time I feel a little weary of this guy so a friendly not I'm not your bear ofr a friend. Just keep it moving.
Hold up, he annouced the acquisition as if he had already closed it.Do you or do you not feel like you were mislead or that he misrepresented his company. He has a choice because I believe people will complain about this.
We have officially been BIT?h slapped. This guy is a work of art. So corparate air was closed today and not when he offically reported.
You are correct, But if he doesn't come thru does that make him a liar or does that make him a genuis? Lets be fair we have giving him time we as share have to think about ourselves sometime. This is me thinking about me. I just want the man to be realistic with his statements.
Is it not past the afternoon yet?
dean did't deliever what do you expect? we got to hold this man accountable for his statements.EOM
So do we believe any timeline set by our CEO
any change to the os
where is dbab at now
that is a beautiful set up of equipment
i'm trying to see if qasp has filled a form d with sec, this would give info if the company is raising funds under a $mil. Help if you can. This would be an indication that the company is selling shares.
Tufan i'm trying to see if qasp has filled a form d with sec, this would give info if the company is raising funds under a $mil. Help if you can. This would be an indication that the company is selling shares.
One question, how long do you think we are going to hold these levels? Just a simple qeustion. I've done my dd but one must ask why.
buy in the 3's support your investment.imo don't wait for the 2,s
WE are left for dead. It will take a miricale for this to go where we all are hoping it to go. And Captin stop with the posting about you spoke with Mack. If you did, I am pretty sure you got little if any info from him. The company doesn't have anything positie to put out. New company means it takes time to build relationship. If this company is around in about 2 years things should change for the best. Lets hope and see. This is all IMO. No disrespect Captin just laying down the Law.