Heavy short covering in several Cornell funded stocks last few days ahead of new law to take effect 10/15.
NNTN +400% NWGN +250% TRNP +200%
All three exploded out of nowhere last week.
Watching ADBN .0002 and ETLS .0003, two more Cornell short covering plays that haven't had their runs yet.
Posted by: jagram In reply to: None Date:10/12/2007 9:33:13 AM Post #of 1010
There should be some volume today and Monday as the MMs try to cover all shorts by the 10/15/07 deadline for the new law. I am sure that everyone has seen all the unusual activity over the last few days in stocks that have not moved in months. It has driven several up but more often than not the shaking was a sucess and the MMs got their shares cheap.
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