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Re: printmail01 post# 230791

Wednesday, 10/07/2009 7:55:48 PM

Wednesday, October 07, 2009 7:55:48 PM

Post# of 346917
Short $60 million dollars of SPNG stock at average price of @ .13 , and then cover it at under @.02 , now that is one monster trade ...wow , look at these totals , it is so obvious , the O/S A/S was a scam , the PR was a scam , and I bet - IMPO - IMO I BET Insiders are making this short money thru RME and DF , IMO SPNG insiders just made like $100 milion or MORE on this short , I am not an expert on shorting. Hate shorting , it should be outlawed and only used in large institution like trades and must be 100% covered on spot type of thing. Anyway , someone figure this trade out.

If you short $60milion of SPNG stock at $.13 then cover it say at $.02 , what is the NET profit on the trade?

Look at June and July 2009 trades ONLY:
http://www.buyins.com/images/spngstr8-26-09.jpg

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