from Kinkg of Pennies..
T+3 is Tuesday, I think. If we get PRs with big news on Monday and/or Tuesday, we can kiss this baby good bye all the way to the moon. A cover of 900M shares? I saw everyone one of those trades occur right along side you. Forget small pennies. We could be seeing quarters, half dollars, etc... Come Monday, T minus 1 and counting . . .
Also, I found this great article on the short of Overstock. Long reading but explains everything in detail.
From the Overstock Message Board - 3/13/05
Dear Colleagues,
The issue of 'naked shorting' seems to be becoming a news item, and is even (perhaps) a scandal in the making: I have been called by several publications in the last week to discuss the issue, and there is word of a major expose on a network news program to run soon. This is especially topical, given the issue of Social Security private accounts.
good stuff bro