Laser Energetics, Inc. (LNGT)

[FoodStamps4stocks]

From what I have learned and my husbands input (who is way more reserved than I am, I've had to drag him kicking and screaming to the next level 2 or 3 times already)I don't think this is a loser company.

But I'll be right on top of it so I can sell and short it be sure of that.

And yes, why all the buying? What started that?
And monday when the shorts have to cover..................

The larger brokerage firms are the major holders of the naked shorts. I'm sure the SEC will cut them some slack, extend the deadline etc. But I can see this stock going up daily on just that for awhile.

If the longs hold, where are they going to get all those shares to cover?

I think it's the perfect storm.

Company with pending contracts and insider buying.
Momentem purchasing.
Government ordered short covering.

What more could you want?

Oh yeah. What does IMO stand for. I see that all the time but I'm stupid.