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Re: k9painter post# 83431

Tuesday, 03/23/2010 4:19:12 PM

Tuesday, March 23, 2010 4:19:12 PM

Post# of 179253
Exactly! We want to optimize the process but that's hard to do with a big group. The covering has nothing to with the bid/ask strategy!! It's about accumulation of shares. We increase our share count so high, and over a long period of time, that the MM's create a short position so deep that they have to cover it. They shake loose some of the weak people but never the core. The core continues to grow. It's as simple as that. We may have a short squeeze with a launch pad at .20 cents or .70 cents. That's where the bid/ask strategy comes in! We can make that launchpad higher and have the cover come sooner but it doesn't change the fact that the cover will happen as long as the core team doesn't sell and keeps accumulating!

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