InvestorsHub Logo
Followers 43
Posts 1409
Boards Moderated 0
Alias Born 05/16/2009

Re: was GoldenDD post# 1246

Friday, 10/23/2009 11:41:30 AM

Friday, October 23, 2009 11:41:30 AM

Post# of 13553
NITE was obviously the ones who were on the offer at .38 cents for the past year...look at them today, outright scrambling...they HAVE to keep it under a dollar or else, in fact they want to keep it under .50 cents to likely..

the bulk of their shorts were under .50 ...nite assumed this was a write off deal...now nite has averaged up....if it goes over a dollar, nite's margin requirements will be way higher...nites goal is to keep it under .50 cents.

fyi, mevt is about to pop.

im hoping we see news on monday.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.