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Friday, February 09, 2007 11:21:26 AM
I am in agreement with regards to nakedshort selling issues. If there is not a problem with SPRL shares being shorted, it may well be one of the ONLY pink sheet penny stocks that does not have significant naked short selling.
I can't help but thinking there has to be some of that when you see continuous selling of the stock, in mornings like today, where the prints at the offer side of the market is so deep, and does not affect the offer side.
But that is a reality when dealing with penny stocks. You deal with it thru results, releases and financials. Ultimately if the company is viable and successful, the naked shorts close out and lose. Most of the time it is the other way around, which is why NSS is so rampant in the first place.
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