Thursday, November 30, 2006 10:42:09 PM
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!!!
FEATURED Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM
BNCM COMPLETES MERGER WITH DELEX HEALTHCARE • BNCM • Oct 8, 2024 9:54 AM
CBD Life Sciences, Inc. (CBDL) Reaches Unprecedented Heights With Explosive Growth and Strategic Expansion in 2024 • CBDL • Oct 8, 2024 8:00 AM
Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM