Newlead Holdings Ltd. (fka NEWLF)

[styl]

this volume today was the same volume........32 million shares trading.....when it shot the stock up from .64 cents to almost 3 dollars in a single day.........so if its this same volume shorting today that will be covering on any upside news something similar may or may not happen.....but the possibility is there.

on my etrade accound it states this stock did not meet nasdaq requirements........so its likely the will have a Q soon....as in newlq...........how much will this affect a beaten down stock already........you can argue that 15 million dollars traded hands today..........if that was hannovers continued selling....and included something like close to 10 million dollars of their debt being paid down.....thats significant.............sounds like a stretch but thats what this is all about isnt it.......newl wants to restructure and is paying off its debt......

my etrade says market cap was 7 mil at .75 cents with 10 million shares outstanding........and if the correct number is 35 million outstanding instead with all the dilution......then the market cap is closer 25 million market cap with uncertainly knowing how much of the debt is paid off........i keep hearing guesses of 60% paid off.......and with this type of volume and exceptions made on selling........this selling machine called hannover will stop this company from massivebleeding it to death.

this may very well reach 30 cents.......i dont know....but even at 60 cents....if there is a "suprise" anouncement of 75% of the debt or more paid off.....i can see this being covered back up to at least the 2 area......

holding company or company doesnt matter..........yahoo is a holding company having alibaba......but that didnt stop its stock from tripling because of alibaba.

and if shorts are in this one so huge..and i dont blame them....congrats to you.......the last shorts in may get badly burned as they did when they shorted 2 dollars down to 38 cents just 2 weeks ago.