Naked Shorts for Newbies $5.00-$25.00 possible - Let me start by saying that in the OTC universe you have stumbled onto an oddity - A company with growth - earnings - no debt - massive potential -ect -ect - Today -- right now -- you are in the best possible position if you are simply holding this stock. Anything could happen - merger - uplist - nasdaq - walmart - profit PR - and oh yes an audited 10K to confirm it all ,, and end the speculation.
- I am the guy who called Bill Young and posted the 1.5 Billion shares naked number to begin with -- I was ridiculed at the time, (so was Bill) but I firmly believe the Nakeds are real and today we have 800M-1B--shares short -- this is pretty amazing when only 722M shares are supposed to exist!!----- search member spongeboy and read my prior posts - I have been posting facts on the NSS naked position mostly due to RegSHO list and Bill Young. I called Bill about the delay of the wide release of Spongebob because we missed Spongebob's birthday week on Nick and he volunteered the 1.5 Billion number without being asked . He is sure of it. I don't buy or sell without facts and this is monster bonus that most do not believe or realize. There are 20,000+/- public companies - 33 are on RegSHO list - we are one of them -nakeds are real. There is a massive short position that has to be covered when the trigger comes. I find if funny that the intelligent posts are nights and weekends - I guess the bashers are only paid to work 9-5
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In response to:
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Fishforbreakfast Date: Saturday, August 29, 2009 11:08:33 PM
In reply to: spongeboy who wrote msg# 178518 Post # of 178566 [Send a link via email]
Hello, Spongeboy.. Your numbers are actually very realistic.
Events are coming to clean up the Naked Short Position and get the share structure in order. A Good Chess Player always has a good plan and is one step ahead of an opponent.
I honestly feel the Naked Short position is in the 1.5 Billion shares range. How high can the PPS go as some start to cover by choice or by force liquidation of assets used as collateral.
Remember if these Naked Shorts receive margin calls from the Broker who allowed the short sale and they do not put up more $$.. That broker will sell out any other positions they have to protect themself's first and ask questions later..
Sideline Money Institutional and Mutual Funds are watching and waiting for the Audited 10-K..The Audited numbers are needed for the Compliance Departments of these Big Money Players.
Remember this and it's very important. Most Mutual Funds and Institutional Investors are not going to buy OTCBB Stocks.
The vast majority of OTCBB stocks never make it to another bigger more respected exchange because they do not have a rock solid plan of action to get off the OTCBB Market..
However SPNG is much different.. They have a real growing rock solid business that is growing leaps and bounds. Audited Numbers says these guys are for real..
In addition, forward looking statements will address future plans. I feel this company will be trading on the Nasdaq before this year is over with.
Why because the company is for real.. They are making money and building a National following in the process.
They are going to use the leverage they have over the Naked Shorts to clean up the share structure once and for all.
The company in my opinion has a real plan that will Increase share holder value and get the float in the hands of strong minded investors who are more focused on the longer term prospects than the day to day swings in the PPS.
A future event is going to call for a share count via a Cusip Change.. Then it's over for the Naked Shorts.. Plan and simple.
The real float is gone.. Strong hands hold what the Naked Shorts are going to need..
Now the question becomes what are you willing to sell your shares for. How much temptation can you handle..
Remember the end goal. A listing on the Nasdaq.. Look at the upcoming numbers for 1st Quarter 2010.. Those projected numbers with 400 Million O/S should get the PPS in the $6-8 Range.. How high can the PPS go in a mad dash as the shorts cover. Who knows I have heard all kinds of numbers..
For now I will sit back, Trust Management to do what is right for shareholders and to gain back control over the Naked Shorts. Then you can look forward to several years of exceptional growth and earnings. All MOO.. GLTA- FFB-Fish
