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Friday, October 02, 2009 2:42:37 PM
I think last friday was nice example of shorting also.
We had hearing at 10:30 (investors don't buy before news or press releases etc) so shorts have at least one hour to "safely" play this game and push the price lower (last friday open at 0.26 and pushed down to 0.235). In the middle of hearing when we heard judge Walrath say several times "frivolous", shorts got scared and triggered buying back and pushing the price to 0.318 only to close at opening price again 0.26.
I am holding UQ and PQ (trying to figure out the deal with HUQ but those Wells Fargo guys don't have really any new info) and going for long with you guys. Read the legal documents, listened to hearing last Friday, keeping up with Ihub posts and there's really nothing in the way for us to get paid. (even though I am after seizure investor and don't want to offend anybody pre-) just trying to be little bit helpful here with my experience...
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