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Re: iluvchassman post# 23931

Friday, 08/18/2006 7:43:10 PM

Friday, August 18, 2006 7:43:10 PM

Post# of 212138
Hmm-Ques for you. What happens when shorts 10B+
shares, and more importantly, the possible 3-4X that amount of naked shorts finally get squeezed at trigger price of .00016 and have to cover or (in case with naked shorts)face fraud charges?

Do you think maybe then the individuals with millions and millions of shares who sell might not bring the price down, when 30-40Billion shares of shorts have to cover, huh do ya? Do you realize how many 100's millions of shares each retail trader had in short squeeze plays like PAIM/PAIV, others prior to a huge runup.

Again, IMO, SMMW hired Jack Donelly as new T/A and afterwhich announced major buybacks that will continue for major short squeeze. Buyins newest #s on daily short is 9.5 Billion shares. That's not counting all the shorts because brokerages only have to disclose specific per day amounts at any one time.
9.5B shares also certainly does not show naked shorts position, which I believe to be huge. Dan Burgess has stated again most recently that there will be no R/S. And if you don't get it, that's a good thing. Forward splits push pps up, not reverse splits. If you want to see a pps fall just look at any stock that announced a reverse split. Prior to the R/S, everyone bails.

As others have posted to you, if you put in a GTC order @ .0001, you eventually will be taken out.

Best Regards

Not a buy or sell recommendation