Nova Tech Enterprises Inc. (NTEI)

[janetbg2]

Plenty of people get "sucked" into crap stocks.
Go to the SPRL board and look at all the suckers who rode that stock down from 0.33 cents to zero.
Everyday those idiots post their "hopes" and dreams.
That POS has been @ zero since oil was $60/barrel.
We're at $85/barrel now.
When oil's at $100 a barrel, they'll still be cryin' the blues over why SPRL is still zero.
Anyway, I'm not saying CAUI is a scam.
In fact, the stock might be turning around in light of the metals boom we're having.
However, if you read the profile on Yahoo it says CAUI has "options to acquire" certain properties.
So I guess at this point, that means they don't own $#!T.
So, you're just trading on a "dream".
I found the following press release on Yahoo.
I'm not sure, but it sounds like the stock was due to be heavily shorted from 0.98 cents.
Obviously it was.
I dunno.
:>(
Check it out.
Here's from Yahoo:

CanAm Uranium Corporation SqueezeTrigger Price is $0.98
Thursday June 21, 1:39 pm ET
Approximately 4.2 Million Shares Shorted Since December 2006 According to BUYINS.NET Research Report


LAS VEGAS, June 21, 2007 (PRIME NEWSWIRE) -- CanAm Uranium Corp. (OTC BB:CAUI.OB - News) announces that BUYINS.NET, http://www.buyins.net, is reiterating coverage of CanAm Uranium Corporation after releasing the latest short sale data to June 2007. From December 2006 to June 2007 approximately 54.8 million total aggregate shares of CAUI have traded for a total dollar value of nearly $53.7 million. The total aggregate number of shares shorted in this time period is approximately 4.2 million shares. The CAUI SqueezeTrigger price of $0.98 is the volume weighted average short price of all short selling in CAUI. The first of several short squeezes is expected to begin when shares of CAUI close above $0.69. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.


Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------
December '06 129,076 9,939 $ 0.96 $ 9,492
January '07 160,880 12,388 $ 1.03 $ 12,697
February 120,200 9,255 $ 1.14 $ 10,551
March 9,664,498 744,166 $ 1.24 $ 924,627
April 17,585,832 1,354,109 $ 1.14 $ 1,543,684
May 13,666,735 1,052,339 $ 0.87 $ 918,165
June 13,438,500 1,034,765 $ 0.69 $ 715,333

Total: 54,765,721 4,216,961 $ 0.98 $ 4,134,549


*short volume is approximated using a proprietary algorithm.
**average short price is calculated using a volume weighted average
short price.
***short volume is the total short trade volume and does not account
for covers.

About CanAm Uranium Corporation