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Re: siriusadult post# 6084

Tuesday, 05/22/2007 4:37:46 PM

Tuesday, May 22, 2007 4:37:46 PM

Post# of 9101
I would think we have not heard much from GLL and Walrus because information that has been shared with them has probably been a little stale or delayed for one reason or another.

I cannot blame them one bit for not posting because the natives are getting restless around here and they are not interested in hearing the grumblings when they just passing along bits of insight. I am sure they are as frustrated as the rest of us. As a financial service professional I can atest that there are so many regulatory hurdles that are constantly being thrown at you. Releasing info to the public has its own hurdles, nevermind if multiple parties are involved.

Bottom line, my guess is more delays in whatever update was supposed to come out. The good news is that there is nothing to really indicate the stock will trade much lower. There is little interest in either direction.

The fact that short interest has decreased is a nice sign. I would be focusing on this and I can think of three reasons someone would cover their short:

1. Reasons someone chose to bet against the company are either no longer valid

2. They believe the stock is at fair value.

3. The risk/reward being short at the current level is no longer appropriate.

I dont care if the stock did not trade up, it means nothing. If it was my short position, I could easily get out of fairly large position without causing a run up. 50-100m shares a day over a week or two is not going to move the stock.

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