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Re: punkin post# 195

Saturday, 07/22/2006 11:18:12 PM

Saturday, July 22, 2006 11:18:12 PM

Post# of 47790
Welcome Punkin,

you wrote:
"My main concern is that I have an order in for several thousand shares. Do I need to worry that I will not get these shares or will I be cheated?"

Punkin, whether you get the shares depends on the price you are trying to purchase at. If you have very low limit price then your open order may never fill.

As for being cheated, I think who will be cheated will be the folks that are shorting the company. IMO, they will be forced to cover one way or another. Seems to me they picked the wrong company to naked short.

This company is not dumping shares...they are compliant on all filings. This is very uncommon for a grey or pink sheet stock. EXBX is an exception and to me this is an extremely great sign.

We do not know to what extent the naked short position is and we may never know, but, we do know that there is one according to the Regulation Sho threshold list.

EXBX has an extremely LOW OS of only 10,917,500, unrivaled technology coupled with a serious management team. This type of dynamic in company can create havoc on anyone shorting it.

"Also, is naked shorting the reason why the pps has gone up over the past week."

Not sure about this, as EXBX just landed on the Reg Sho list. Certain Market makers and shorty will push the envelope as much as they can, but its up to the company to show them who the boss really is.


Please be aware, that most penny stocks "Never" become an economic investment and most of them are trading stocks. Personally, I do believe that EXBX has a serious chance at becoming an economic investment.

Hope this helps!

Eagle1,


P.S. Here are a couple of links about naked shorting if you want to view
http://www.ncans.net/intro%20to%20naked%20short%20selling.htm
http://www.thesanitycheck.com/Home/tabid/36/Default.aspx