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Re: Orangeman3 post# 80224

Thursday, 12/03/2009 1:44:42 AM

Thursday, December 03, 2009 1:44:42 AM

Post# of 82105
Buyers and sellers are usually paired off for grey sheet stocks. In this situation, it appears that someone has used NITE to pick up all .0001 shares of GBDX that were offered for sale recently (100 million). I don't think the next 100 million will be bought so cheaply. It does look look like we are in the very earliest stage of a short covering. No one has owned up to buying that many shares.

I stand by my posts that there are 1.94 billion naked shorts. Less what small amount has been covered (about 100 million).