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Thursday, October 22, 2009 11:32:59 PM
For those of us here that have taken a short position in SNWT I was wondering what the thoughts were on the post-split price as well as what I guess you could refer to as the "extended short thought process".
Just trying to understand here folks, not being facetious: So, say we are in the $.25 to $.30 range. Is the idea that despite there being some level of potential or chance for the stock to trend back to current levels or at least advance from post-split levels intially - based on growth potential, new agreements announced, or whatever else it is that gets investors excited - eventually, share price will drop?
I'm just trying to understand. And, what if post-split, we remain in the .25 to .30 range? Is there still significant short interest in the stock dropping significantly from there?
Thank you in advance to anyone willing to discuss their opinions!
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