Newlead Holdings Ltd. (fka NEWLF)

[styl]

i regret the day i bought this garbage at 3 dollars......i got suckered into it because i was convinced the high volume meant there was a turnaround of sorts.......

but i realize that the 50 to 1 reverse splits made many of the shorts start to cover......when the stock was at 35 cents from a one year high of 8 thousand......they were collecting 99.99 % gains........and at 3 dollars they were collecting 99.5% gains so there was no real difference for them..they just wanted to close their position and move on as for them its as close as 100% profits before bankruptcy as you can get and you had a short squueze to 4 dollars for lack of a better word...not that the great majority of shorts on this havent had the best year ever.....

as for longs.............its like it was at 3 pennies<pre reverse split> and its about to go under sub penny as their debt might not justify its higher market cap..

can they turn this TURD around?? i dont know but with debt and lack of revenues the odds are seriously against them.......

some hypers keep talking garbage of paid off debt and yet nothing of the sort has been released.this debt is choking them.

good luck and next time think twice just because you see a huge volume spike of shorters covering an excellent 99% gain all the way up to 4 dollars......celebrating it.......and ignorant momentum players jumping in......i myself included.