Native American Energy Group Inc. (fka NAGP)

[GotOptions?]

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I dont imagine that a stock will flounder or churn around at the short term squeeze trigger price for very long considering if the stock settles in at .02 and shorts are bought at .01 than the entire investment is lost. Beyond .02 they actually have to start paying into the coiffures if I remember correctly. (according to the headline short squeeze trigger price ).

Now from the chart that someone was kind enough to supply, the short buy price as of Feb-07 ( this snapshot is taken when?? in february mid month I would imagine ) was .006. So it appears that shorts MAY have been covering since February 14th at around .005/.006. In that case the target price of .08 is too high and it would be lowered to 7.5 x .006 or 0.05 roughly speaking. A more conservative sweet spot estimate of a target price would be 0.05 in that case.

Since the headline in the short trigger price identifies .01.... is that a round up value from .006 or down from .012 maybe more short interest was purchassed after .006 to raise the weighted average short price to 0.01. No way to tell since short interest is only reported once a month.

So unless more info is presented I think 0.05 is not a bad spike profit stop/limit order value.