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Re: DaddyCoopDogg post# 5822

Wednesday, 04/18/2007 4:15:05 PM

Wednesday, April 18, 2007 4:15:05 PM

Post# of 8877
Might appear like we moved up almost 100% from .0008 to .0013 on something like 2 million shares. Resersal starting? There must be some news coming soon. Also, why is it taking so long for this R/S? I think some trickery is going on with that. Other posters have mentioned that other stocks have done this and it happens the next day. Is this thing heavily shorted? What is going on...

Awhile ago, I remember a stock that behaved like this. It turns out they were shorted heavily. It traded near .001 for awhile. I don't remember exactly what they did, but it involved a CUSIP change. The day before it went through for good, it shot to .25 on huge volume. Presumably the shorts. This thing used to trade around $1.50. Things are certainly better now than they used to be. I think shorting is the only explanation for this.