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Re: None

Thursday, 07/10/2014 11:06:25 AM

Thursday, July 10, 2014 11:06:25 AM

Post# of 34668
.16 today, .14 tomorrow. I think .165 Friday. This is from looking back at other bounces and some similar momentum swings in the history of the stock and adding some of the charts and bollies. Just my guesses. Still a risky business. If that was seriously a 6.3 MM short cover, then somebody just made about $2.1 MM in 3 days. He buys the drinks this weekend! Lol. That means he called it in and double checked the existence of the shares and who he was borrowing from, not just some electronic trading fiasco. He did it right and executed perfectly (albeit abusively in open market manipulation of volatility, but good luck proving that one), and made a killing. Can't fully blame him for playing the system for how it is when he has the money to run the game. Even though it is NASDAQ, it is still a penny stock right now. Good luck to everyone and be careful. Hopefully these guys can work it out and get their business in order, until then remember the risk and play accordingly!
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