When the entire order book below $0.07 costs about $60, market manipulators are able to "paint" whatever share price they'd like to see to get their jollies. While it is absolutely thrilling to see this penny stock report upwards of 100% to 500% gains intraday, and paper gains appearing in our portfolios, the fact of the matter is there is still only very light volume, so we are not in real life gains territory until we can proceed forward with a volume shifting event. I am confident that as we proceed closer to settlements and emergence from bankruptcy, there could still be such a vested interest in this security. Now as for the question of "shorts" the reports I am seeing say only 16,000 shares are outstanding? If that's a real number. I don't know if all shorts and options holders were reported to that number or if it's an old number because it has hardly even changed in a long while. I wouldn't even know where to short an OTC. Is there still a market for shorts or shouldn't they have covered their shares long ago at 0.01 or below?
