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Re: lowman post# 14741

Monday, 06/25/2007 11:16:48 PM

Monday, June 25, 2007 11:16:48 PM

Post# of 51429
I had to look back to last years history to check the dates. My biggest buy was on 10/26 for 500K shares at .021. It was as you describe and filled almost immediately in two large chunks. (I had previously thought it one transaction).

As far back as September it was easy to buy 100K chunks. Looking at the weekly chart for that time period up until the first week of December, there is easily enough volume to have shorted tens of millions of shares. Not all of that volume may have been shorting, but they probably started earlier than that as well. Or tried to hold it down in December.

I find it hard to believe they could have been stupid enough not to cover some of it before it got out of hand. But, given the quality of arguments from our recent detractor I can see it is possible.

Sadly for them, the best they have been able to do is drive this down to TEN TIMES the price they threw out all those shares. There is no way they can get it low enough to begin to scare out even a small part of the shares they let go last fall. If they don't start covering soon, they are going to be really screwed, at least much more than they already are.

I don't know how long it will take for Keith to pull the trigger on whatever plan he has in the works, but it sure will be fun to watch.

I hope they give me a few more weeks as I might lock up another nice chuck in July.


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