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Frugal Investor

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Frugal Investor

Re: softtouch post# 16245

Monday, 04/09/2007 10:22:06 AM

Monday, April 09, 2007 10:22:06 AM

Post# of 37013
The short situation is certainly disturbing. Management should order a NOBO list. That seems to clear a lot of them out, from what I have seen with other stocks. One recent example would be Native American Energy:

Story: http://www.allbusiness.com/services/business-services/3913913-1.html

Result: http://stockcharts.com/h-sc/ui?s=NVMG&p=W&b=5&g=0&id=p17339450794

You can see how within a few months, it started to correct (volume kicked in where they were forced to start covering), and I have seen it with many other stocks, too. I would like to see Cavasin do the same.



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