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Re: Zorax post# 167573

Tuesday, 08/18/2009 2:03:34 AM

Tuesday, August 18, 2009 2:03:34 AM

Post# of 346920
Kitt: With 1.5 bil. NSS I think it is reasonable to believe that the short sellers have already made more than double or triple that amount off of SPNG thus far, IMO. 1.5 is the figure the company has info. on. And I assume you do not have any more credible number of NSS. Thus, when the forced cover comes and the hoped for SS there will be shorts stepping over each other to cover -- driving the price up amongst themselves, especially if SPNG declares a stock dividend and the shorts want to beat the ex-div. date so as not to be on hook for the stock div. shares also. 7.5 bil. is nothing. And the GTC sell prices I've set are what I think will happen during the SS -- then settle down to true value of SPNG: $6-7.
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