They brought recently CWRN from 0.007 to 0.0006! That is a dip of more then 90% and they can not bring it to zero!
I believe, time for them to cover.

WOW! Reversal has started!
For today Sep. 9 CWRN is ready to go through the 0.001 wall since we have bottomed around 0.0006 and no-one is willing to sell.
Yesterday, of the 39 M shares traded some 25 M were SHORTED!!!!! Mighty Shorters!
Source: http://regsho.finra.org/FORFshvol20100908.txt

All this huge shorting resulted in a price increase of 33%!!!
I think that the greedy Shorters are left without cash and they have to reverse their strategy : covering and buying.
The Shorters know by now that there are no more weak hands.

We are far below the 0.007 of April and more away from the 0.07 of 2009. The combination of low stock price and a breakthrough (starting production) makes of CWRN an explosive stock. And what will happen with CWRN stock price it the First Order, the First Shipment, the First Revenues, the First 10-Q, the First 10-K, Moving to OTC-BB, ... it looks to me a nice retirement stock ;)

"Where is all this volume coming from?"

Well, it is from shorting.

Friday Sep 3: 19 M shares were shorted of the 33 Million day volume!!

source :http://regsho.finra.org/FORFshvol20100903.txt

I have noticed that for the last weeks on average 70% of the day volume was shorted!!! This is huge and I wonder to what price level this Fat Shorter is going to go?

Shorting activity for CWRN!
I got this from Yahoo:
"
With so much shorting it is impossible for CWRN to move up.
I think that we are dealing with naked shorting here because the amount of shorted shares is huge. There are only 220 Million shares available for trading!

Aug. 17: 1.5 M Shorted of 1.6 M day volume
Aug. 18: 7.6 M Shorted of 10.5 M day volume
Aug. 19: 6 M Shorted of 9 M day volume
Aug. 21: 2.6 M Shorted of 2.8 M day volume
Aug. 23: 10 M Shorted of 12 M day volume
Aug. 24: 15 M Shorted of 18 M day volume
Aug. 25: 13 M Shorted of 20 M day volume
Aug. 26: 14 M Shorted of 18 M day volume

Source: http://regsho.finra.org/FORFshvol20100826.txt
"

It looks to me that 75% or more of the day volumes have been shorted!!!!!

The reason the price dropped on August 6
Hi,

The price fall of August 6, 2100 was due to shorting and not selling. The company is not dumping shares.

On August 6, 2100 we had :
- day volume: 16 M
- shorted shares: 10 M!!!

Source: http://regsho.finra.org/FORFshvol20100806.txt

A stock can not move up if 2/3 of the day volume is shorted!

We have some weeks to go before production starts. Before CWRN will release they got the expl. permits! I wonder when the shorties will start to cover?

HT

Hi,

The price fall of August 6, 2100 was due to shorting and not selling. The company is not dumping shares.

On August 6, 2100 we had :
- day volume: 16 M
- shorted shares: 10 M!!!

Source: http://regsho.finra.org/FORFshvol20100806.txt

A stock can not move up if 2/3 of the day volume is shorted!

We have some weeks to go before production starts. Before CWRN will release they got the expl. permits! I wonder when the shorties will start to cover?

HT