Monday, October 01, 2007 9:03:16 AM
10.01.07Short Selling CalculationPosted in Investor Relations at 12:33 pm by adol77dai51
SHAREHOLDER COMMENTS:
Just an update 72 ihubbers now own approximately 2.7 billion of the float. Thats around 45 percent with just 72 people. (Latest update is 81 shareholders holding 3.155 billion.)
There are around 400 shareholders from the sounds of it. The other 330 people that are shareholders most likely own the other 3.3 billion that is in the float.
What Im trying to get at is the potential short in EFGO is HUGE.
I think between 1-2 billion.
If the majority of this float stays in strong hands for a few months this stock could explode with the shorts covering from great News with regards to China from EFGO.
Also it has been recommended that EFGO pushes hard for outside investments from China and or other large entities to take a position in EFGO. If this was done and announced it would all shareholders and the stock price tremendously along with everyone at the company.
Feel free to forward this to Garr and Michael and everyone else at EFGO.
Its important to know that you have a ton of loyal shareholders that are now pooling together to hold most of the float for the time needed for EFGO to deliver on China.
RESPONSE:
Can you say ‘SHORT SQUEEZE’? We also believe there is a large short position that has not been covered.
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