Tuesday, September 26, 2006 7:20:46 AM
Hold your shares tight whether we get news or not. This float by my estimations is easily underwater meaning we own more than whats available(This means there is a large naked short or short)
The float should be between 35-50 million per reports by Larry in the past few weeks to months.
My guess is as a group we easily hold 50 - 80 million now.
So hold on tight this could be one massive run once we get the news and things fall into place.
Plus there are a ton of people on the sidelines with limit orders in lower.
The MMs spreads are trying to slow down the buying.
.05 - .10 based on the float is very possible in a few days for sure. I have followed other stocks in this same situation and they all exploded at some point with massive short cover.
Remember Short squeeze is at .02. Once above that the shorts should be pushing the panick button bigtime which will allow this to explode to highs we havent seen in 6 - 12 months.
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