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Re: None

Wednesday, 11/01/2006 8:53:14 AM

Wednesday, November 01, 2006 8:53:14 AM

Post# of 82841
My thoughts are that shorting will be dangerous due to expecting news hopefully coming in the next couple of days if I read some of the posts recently. I see some unexpected buying this morning at .0227 which is the "squeeze" at which the shorts were losing money. I believe some of those will go ahead and buy shares on the cheap. I do look for a pop sometime this morning based on short covering. Those who sold might feel a pinch of pain here but get in early when you see the tide change and you might pick up some shares at a comfortable price.

Can anyone confirm my belief on short covering this morning? I'm speculating but if I was shorting and saw the runup recently up to .033...I would sure convert.

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