Thursday, November 26, 2009 9:27:21 AM
Since they change the CUSIP #, the shorts are screwed and can't cover.
I have seen a few cases where the stock went nuts on this occasion. From pennies to dollars per share in one morning.
A few years ago i think HVLN was symbol. It had a similar switch and it took off like a rocket after small reverse split because nobody sold.
This is when if you didn't sell you cancel all sell orders wait and see if mngmt has something up the sleeve. MOASS comes to mind;
This may be setup for a MOASS. (mother of all short squeezes).
Then bashers are trying to cover, hold your shares and you will be rewarded!
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