its unfortunate because i'm sure a lot of people lost a lot of money. After I covered, I tried to get shares to short on it again, and couldn't find a borrow; they probably would have forced me to cover anyways. I like my broker that lets me short OTCBBs and some pinkies, but you run the risk that they call in your shorts with no notice. One example was NWACQ, Northwest Airlines, which of course ended up being worthless when they exited BK. They made me cover a short I made for an account I trade for when the stock was like $3 or so. I still made a point a share, but it would have been good for three more points! This is the same thing. Oh well, hey if you can find any good OTCBB scams with some volume that are $3 or more, please let me know. I'd like to see if my broker can still come up with some borrows. You doing any OTCBB or OTC shorting?
If you need to get ahold of me, shoot me an email as I'm no longer a paying member.