Do everyone catch this post on the Spooz board today. It may explain explain somethings:
Posted by: phillymike Date: Friday, July 18, 2008 11:05:54 AM In reply to: A deleted message Post # of 53989
I was reading an academic article the other day that stated if there are those who indeed have material naked-short positions in a company such as Spooz ( a start-up in essence), just taking the share price down to .0001 is not enough. In order not to ever have to cover their shorts at all, and fully maximize their profits, they need to have the company go out of business. Just a thought.
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