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Re: acrazjo post# 810

Monday, 12/18/2006 7:14:05 PM

Monday, December 18, 2006 7:14:05 PM

Post# of 15297
anyone notice the two large matching sales today. 1.5 million each. My guess is that the huge short position in this stock is starting their manuevering before year end. naking shorting must cover within 13 days. The shorts wanted to cover (re cover) their postition so they could extend their short position into the new year. (They bought and sold to themselves to extend the 13 days) My guess is that they expect to push their profit into the new year. We may not see any movement until they cover in the new year.
Just my opinion here but I bet by mid january this will double at least. I have lots betting on this. Mark my post. I follow these matching trades. Multiple ones using are the mms pushing it down. Large ones, ...... golden.