Saturday, June 16, 2007 7:06:55 AM
Oh I didn't say anything about naked shorts at all. Everyone here seems to think all of a sudden that the company sold them down the river and people traded on inside info but the reality is that 40 million share days are a drop in a bucket compared to a 1.75 billion float and to think that there has been a big selloff is simply not the case. Down on low volume is more like it.
What surprises me is the number of posters who have come up and expressed their dissapointment for whatever reason. Just telling ya that there are many more shorts around that we think. Not everyone's agenda is as clear here as they would like it to appear.
Even if the extra shares over the 815 weren't used to make a purchase or acquisition, I'd be happy with the OS count and the cash flow right now. Considering this is a pinkie, an 80 million market cap is justifiable right here and now, probably more depending on the forthcoming news and what we own that we don't know about. I'm buying, not selling.