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Friday, 04/09/2010 1:40:47 AM

Friday, April 09, 2010 1:40:47 AM

Post# of 2375
From Best Damn Pennystock.

1,494,499 M. This short hits the 3 day cover rule tomorrow!

Recap of today:

We were right on many fronts. EWPI closed up over 8% with midday highs of 20%. Some traders sold out as expected while others covered. The volume was 1,177,186.

Not a bad day at all. We did see what we feel was some short covering. Not nearly what we felt it could have been. Here is what floors us now,

3 day short cover rule for tomorrow. This is nothing short of amazing. Last Tues. the Finra numbers are this, 20100406|EWPI|1494499|3580862|O. As you can clearly see the short for Tuesday was 1.494,499 M. The volume for that day was 3,580,862 Million. That one day the short was nearly 50%. This short should hit tomorrow.

Here is the big question

Will these shorts cover tomorrow? Do they have the guts to hold over the weekend? Remember this is just one day that hits the 3 day rule tomorrow. We feel that the short from yesterday still has a way to go. Some people and some market makers have guts. High risk high reward. They know this only too well.

Today at 15:52:06 a block of 200,000 was bought at 0.55 cents. Many of us watched with amazement and all of us asked what in the heck was that? We still don't have any idea but few of us believe that was a real trade. If it was it would be a purchase of close to $100,000. Could it have been a cross from a short so they could have an additional 3 days to cover? What ever it was it was certainly odd. I wish we knew.

ON to tomorrow. We are all watching with great interest to see exactly how this plays out. I want all members to be aware of what is taking place. These are not just our opinions they are facts reported straight from Finra. I am supplying you with the links so you can see for yourself. NEVER take our word for anything. You should always do your own research and always make your own decisions. Decide what to do based on your own tolerance for risk. At the end of the day NO one knows.

http://regsho.finra.org/regsho-April.html




Go to that link, when you are on that page scroll down to ORF and search for the symbol by date. Here is the short on EWPI for today, 20100408|EWPI|415770|1172186|O. 415,770 was the short for today. Please check each days short. Use this link to check any bulletin board or pink sheet you currently trade. This information is invaluable as far as we are concerned.


All members know EWPI by now so there is no need to go over any news release or information. No news came out today. Could there be some after the close tomorrow?
Will the shorts fear that? YOU never know. Keep the watch! It could be incredible.

How many of you knew about where you could go and see for yourself how grossly shorted these companies are?


I mean I know you hear about it but now I am showing you facts! I am trying to empower you as an investor and make you totally aware of what is going on in there.

I am giving you the greatest companies I can find and they are great as you can tell.


On occasions when investors lose it is not my fault of picking bad companies it is in fact the Thieving shorts that are soaking up the positive money flow and cashing in on the panic they create.

Since I alerted EWPI on Monday Night there has been over 3M shorted! If that did not happen EWPI should have been well over a dollar twenty five in my extremely conservative opinion.

Investors would have had huge profits and everyone would have been happy but NO...The scum bags came in and stole YOUR profits!

Lets keep it real here when you see a stock that looks stuck in a certain range and looks heavy you get nervous and you bail.

Do you see anyone else talking about this? NO...probably because they are either scared or because they just don't know about.


You must understand I am taking a huge risk here. They don't want you knowing about this stuff!


I don't care though because you deserve to know the truth!





Sincerely,
Staff@BestDamnPennyStocks.com