Thursday, March 18, 2010 5:23:45 AM
In some instances, when a stock has been removed from the Naked Short List, several days later, and in some sooner, the stock goes up dramatically.
On Feb.10th, CCTC was removed from the list, and then soared from
.034c low to .042c high, in only 6 days.
On Dec. 14th, DCGNQ was removed from the list, and then soared from .07c low to .30c high, in only 2 days.
CCTC, most recently was removed from the Short List on March 15th
Monday, or March 12th, depending upon which date you want to go by, (the reported date on Pink Sheets, or the announced date on BUYINS.NET), and thus far the stock has not responded by soaring as the above mentioned instances.
Perhaps today, the stock will move up in this manner.
If it doesn't, then I am perplexed, and the theory has no merit, upon which one can rely, to profit by.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p28723326482
http://stockcharts.com/h-sc/ui?s=DCGNQ&p=D&yr=0&mn=6&dy=0&id=p06442174059
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