Sept'07 was great for shorting swvc...
But, Oct + Nov'07 were even better.
And, there were way more than 64 Million swvc shares shorted.
Because almost all penny shorters cover within 3 trading days.
With most of them within the same day. And then use their
profits to re-short ~twice as many the next day. And keep
repeating + compounding, every day, until the dump slows.
And, none of those shorted shares Ever show up on Any List,
even if some are 'accidentally' naked. Because they are All
Covered within the 3-day 'Rule'. Plus, most of them are
'off-shore' , and many are even 'off-the-books' [= private
and unreported day-trades or minute-trades between Brokers
and their Favorite Clients]. But, the largest shorters ,
by far , are the MM's , who get paid to 'make the market' ,
[and a few shady off-shore Brokers, sometimes 'owned' by
Hedge Funds, who short within their own internal 'trading
accounts' ].
Just wait until the R/S kicks in, and the Converters return.
That is the Absolute 'Perfect Storm' for shorters. Especially
for an always-money-losing 'company' , that is on the verge
of BK. And, swvc is even 'better than average' , because :
1] WF is about to foreclose (probably Oct or Nov) , since
swvc has Never met Any Minimum Requirements. And,
2] swvc Must pay WF over $800,000 IN CASH , BY OCTOBER. And,
3] swvc Must re-start Massive Dilution to get some new cash,
to offset their ~$1,000,000 per Month Operational Losses.
4] But, swvc can't even start printing + dumping any new
shares, until After the Converters are All Done. And,
5] The Converters Already have 200+ Billion new common swvc
'shares' , ready + waiting to dump , right after the R/S ,
and/or Any Increase in swvc's Authorized 'Shares'. And,
6] That's 80X More Dilution !! Because the current swvc
float is 'only' 2.5 Billion common 'shares' .
extra, Sincerely. [And, see ya'all shortly.]
P.S. ; The 80X Dilution Will Cause the 'price' of swvc to
crash. Probably by a 'factor of 80' , which means, Down to
~1-2% of swvc's current 'price' unless the longs start
averaging-down much faster than ever. Those Floorless
Conversions won't be done until the swvc longs unvest
another ~$80,000,000 [= ~200 Billion x ~$0.0004]. We all hope
they 'come through' , which is possible, because it's only
twice as much as they already unvested in just the last year.
And, it's for a good cause, as always secretly planned, by
the plan-man. And, secretly 'explained' , in private eMails
to a few best outside/insiders. Plus, don't forget about
those 600 No. Country employees, in the growing World
recession/depression.
Anyway ; There are supposed to be ~4,000 swvc common long
swvc 'share'holders. So, each one's new share of the
$80,000,000 that Must be paid, ASAP, to the Converters,
is only :
$20,000 EACH [ = $80,000,000 / 4,000 longers ].
They might do it, if they still believe the plan-man. And,
they could do it. They ALL Already unvested an average of
$10,000 EACH , just last year. While they thought that
swvc had Zero Assets, and loads of 'overlooked' Debt.
So, it's certainly 'worth' just another $20,000 Each , now
that swvc is already so successful. Not even counting that
super-secret stuff that the plan-man is just about to
personally sprinkle into the over-flowing seawas shell beach.
But, the longs must hurry. Before WF forecloses, and sells
all of those Hackers Inventory shells, in the biggest ever
No. Country garage sale.
Which should be Great for the No. Country winter tourists,
and the local pre-Christmas-shopping bargain hunters. And,
the local hotels + restaurants + bars + bio-gas stations ,
that swvc was supposed to have 'owned' , or rented.
Cheers. Bottoms-up. And, Happy Holiday Season to All.
