InvestorsHub Logo
Followers 0
Posts 4637
Boards Moderated 0
Alias Born 03/08/2008

Re: Green Money 00 post# 2704

Saturday, 03/15/2008 8:41:47 PM

Saturday, March 15, 2008 8:41:47 PM

Post# of 2996
I think most of this shorting was due to the recent run up from 1.00 to over 2.70. I think shorts saw it as an opportune time to make some money in what seems to be a volatile stock. Too bad for them they gave back 35% of heir gains on Friday. If you are long on this stock and have done your DD buy on dips. If it runs again the shorts will be in big trouble. Shorts covering could cause it to run way over that 2.70 level we saw last week.

Please do not make investment or trading decisions based on what you read from a stock board. Do your due diligence before buying any stock especially a penny stock. The stock market is where money is transferred from the impatient to the patient