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Mamona

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Mamona

Re: point3 post# 3649

Wednesday, 03/05/2008 4:54:09 PM

Wednesday, March 05, 2008 4:54:09 PM

Post# of 7631
I have seen a large short position, near this price, in an oil exploring stock with no assets. Those shorts were actually betting against the CEO, and they were ultimately right. The company ran out of money and the stock went to zero.

If you are right, then there is a huge position betting on covering and taking profits from Tara as the price goes lower than 30 cents. And Tara has value in PZG greater than it's trading price.

What are the shorts betting on ?
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