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Alias Born 01/26/2007

Re: psykotik1 post# 38370

Sunday, 02/18/2007 1:00:12 AM

Sunday, February 18, 2007 1:00:12 AM

Post# of 162847
Look at RGNO. The brokers actually restricted trading, making traders call in to trade rather than trade online. They said it was to protect the shareholder as the symbol changed. It ran from .02+ to .25 supposedly because of a short squeeze trigger. But within one day it dropped back down to allow those same shorts to cover. Remember that there is a divorced 3 day lag between purchasing shares and the transfer. Either the naked short never has to cover or they allow it to run as they make money upwards and then cover there shorts with the correction then panic selling downwards.
The key is when you swim with sharks never bleed.
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