World Surveillance Group Inc (fka WSGI)

[kevinaok]

Nilremerlin - I assume you think they covered during the big drop to 5cents. When it looked like the Wells notice had put the last nail in the coffin.

I am not so sure they covered. Justfrank made the point at the time that it did not make sense for them to cover if they thought the company was going belly up. If the company went under there would be no need to cover at all. I don't have time to look up his exact post, but I think I got the point close. Justfrank - please feel free to correct me if I am wrong.

If what Justfrank says is true (and I lean in his direction on this one), then it would also make sense that the shorters would short everything they could to make as much money as they could.

You may turn out to be right, but I have heard many many times with this company that the next report would show the shorts have covered. We will know today for sure I am not certain by any means as to what to expect, but I would not be surprised to see the number go up.

Regards, and thanks for all your research and posts!
Kevin