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Re: jonpaz post# 5963

Tuesday, 02/26/2008 12:39:31 PM

Tuesday, February 26, 2008 12:39:31 PM

Post# of 6991
Think about this......

With millions of naked short shares of RSPG floating around which were not borrowed against actual shares...who will be holding the bag when the squeeze comes? The actual shorts or the naked shorts?

There are not enough ACTUAL shares available to buy.

Perhaps some of this buying today 120% above the posted bid is naked short covering. Perhaps the 400k + shares that traded yesterday was also naked short covering. If so, we have millions to go !!

My advice to the naked shorts: Cover while you can at whatever the ask is....or risk paying up to .25-.30 as the price heads up due to a lack of available shares.


Billion


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