From another post:
I sent an email to Mike Pagnano, CEO of WGLE, and asked him if he thought there was a possibility of a naked short position in the WGLE stock, in light of the consistently low PPS despite tens of millions to billions of shares traded on most days. His response was.......
"Yes. We are looking in to it now."
Mike Pagnano
CEO,
WGL Entertainment
407-328-8538
www.wglmilliondollarshootout.com
Although, he didn't go into any detail at all, I take this to mean that the issue is on his radar and that some type of action is currently being taken. Considering the type of quantity that can be accumulated at these prices, a small run up in price can be quite profitable when and if the shorts are put under a little pressure. I'm buying all I can 'cause I think the shows are going to be big hits globally.
