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Value_Investor

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Value_Investor

Re: Phong Pham post# 54

Thursday, 03/18/2010 9:05:13 PM

Thursday, March 18, 2010 9:05:13 PM

Post# of 88
People read that long time ago. Nothing is new. Not bankruptcy yet.
Totally 775,077 shares were shorted from 02/19/2010 (the day the MMs
started to manipulate significantly by playing "no bid,no ask" game) to 03/18/2010 (today) in which majority shares shorted around $0.02.
Also there were 1,860,072 shares shorted from 02/03/2010 (the first trading day since the FDIC closure) to 02/18/2010. Crazy shorter has
to pay much higher price ($0.1 ~ $0.5) to buy back 2,635,149 shares!
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