Metro One Development, Inc (MTRO)

[metical1]

So, why is the stock going to go???? Well there are a lot of shorts in the stock and yes, it is on the SHO list here check it out:

http://www.nasdaqtrader.com/aspx/regsho.aspx

So how many shares have been shorted???

JULY:

"NOT ON FILE"

AUGUST:

ONGO|ON THE GO HLTHCR NEW|OTCBB/Pink Sheets|08/2006|29|-99.08%|3,504|1.00

SEPTEMBER:

ONGO|ON THE GO HLTHCARE|OTCBB/Pink Sheets|09/2006|625|2055.17%|5,150|1.00

OCTOBER:

ONGO|ON THE GO HLTHCARE|OTCBB/Pink Sheets|10/2006|5,872|839.52%|32,724|1.00

NOVEMBER:

ONGO|ON THE GO HLTHCARE|OTCBB/Pink Sheets|11/2006|911|-84.49%|47,578|1.00

Notice, the numbers in BOLD are "Average Daily Share Volume" so if u look at it that is 32k sold short a day in OCTOBER and 47.5k short per day in NOVEMBER...Those are huge shorts that will all need to cover their positions on this squeeze!!!

Here is where I got the info:

http://www.pinksheets.com/marketacti...e=Nov27%2C2006

OCTOBER: 5,872 x 31 days: 182,032
NOVEMBER: 911 x 30 days: 27,330

So between October and November there were around 210k (approximately 33% of the float) shares shorted which explains why this stock was destroyed...Guess what they all have to cover those shares making this price explode!!!