Wednesday, February 28, 2007 12:48:42 PM
I am holding my judgment about the up listing because from I have seen indications about problems with the NASDAQ.
I have seen indications that the list, for example of the OTCQX has been moved back, the ability of certain pinks to be seen or traded on the after hours or pre market has also been moved back.
I don't know what is going on but I do know it is not up to the companies that wish to up list as to whether or not the exchange they were told would be up and running now is not.
I might have missed something and if I did I hope someone will straighten me out.
Also, if this was just another "typical Pink," IMO, there would be far less interest by those who have the ability to set the spread.
I was messing around with chart settings today and I plugged in every indicator available and almost all that would give a trader any idea as to what to expect is being held neutral or in some cases actually positive.
I find this unusual and IMO it is not the shareholders who can do this. I could be reading this all wrong too.
ATWT has a good product with a good purpose that is benefiting from actual legislation and is also being helped by the fact that a large, established insurance carrier is not just approving of it but is actively including it in how their policies are priced. I can't find many Pinks in the same position.
Now if the large "short interest" was suddenly to find themselves with a flood of all longs selling, could they expect to make anything if things go that far? If there is no one willing to buy the stock, how can they get rid of all the shares they hold short? I ask this question as I don't know the answer and it has been bothering me. Let me re-phrase this question and invite all to please give me some idea.
If all the longs or share holders suddenly sell and not have any further interest in buying, how would the loss of a market for ATWT shares affect the large short holders? If there is no market then what happens to those who are holding large short positions? I ask as I honestly can't wrap my mind around this.
It seems to me that those short, still need a "demand" for ATWT shares to exist and if one doesn't, how do they get rid of their short positions?
I don't know if this makes sense but if some one out there does understand what I'm trying to say, would you be kind enough to enlighten me because I am at a loss.
I hope this makes sense and if not I apologize,
Still long,
Nez
Any society that would give up a little liberty to gain a little security will deserve neither and lose both.
Benjamin Franklin
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