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Tuesday, August 12, 2014 10:51:25 AM
Also, assume the general attitude of the shorts is to probably not just jump in and then jump out, wanting to ride the PPS down till the death of USEI is accomplished, there could be as many as 2 billion plus shares that have been shorted, out of the 5 billion shares traded...or that is still shorted, depending on how the shorting hedge fund is playing it. Look at the total number of shares traded during the year, and see who the big MM players are...
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=usei&SortBy=volume&Month=7-1-2014&IMAGE1.x=27&IMAGE1.y=6
Also, the margin call cover appears to be approximately 30% of the investment. The margin call usually falls between 25% - 50% of the investment, depending on the size and funding of the hedge fund.
Based on the present PPS of .0035 the margin cover call can come as early as .0046 (30% of .0035 present PPS) for some of these guys... I am just an amateur, and doing some DD on these numbers...I could be wrong...we cannot believe in any of these numbers until they actually happen... Just Google "short selling broker margin call percentages", etc, and this can get you started...
Lock up those shares with a higher sell price.
Oh...and there cannot be a short squeeze without volume...what we are seeing now will not move a turtle... All JMHO, of course, FWIW $.25
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