Grifco Inc (GFCI)

[cyofish]

That was one of the posters grand scheme to "trap the shorts", which wasn't the issue. Distraction was just an unintended consequence. I remember JD even picked up on it and encouraged it so more. Naked short crapola encouraged more buying because the perception was that these naked shorts will be forced to cover and the price would sky rocket..LOL. Some bagholders even set automatic sell order at $3-$4. There were no real precedent in penny stock land of this ever happening but for some reason many of the bag holders thought it was a real possibility with Grifco.

JD played the naked short theorists like a fiddle.