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Re: ironjericoh post# 16555

Wednesday, 04/14/2010 6:24:05 PM

Wednesday, April 14, 2010 6:24:05 PM

Post# of 34483
Bottom line for me is, when there is only 177mil shares in one pot (assume shrude is still around and holding, if not, then there is 197mil, very small for a pink) and... people want a stake in that pot, and current stake holders don't want to give up their stake in that pot, then MM's have to convince them to give it up at higher prices, because the shorting continues and they have to cover at higher prices.

Yes, it will take some buying pressure to move this up again, but when it happens, and I believe it will because there are only so many shares to go around, it will rise again. It may not happen this week, next week, or the next. I have nothing but time. But, sooner or later the pot will dry up, and shorts will have to cover again. And to cover, they will have move up. That is what I am banking on here. Unless, something changes. News would be huge, but I don't even think about that. This is just a short game play to me.

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