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Re: 15for2 post# 9301

Thursday, 04/15/2010 6:52:04 PM

Thursday, April 15, 2010 6:52:04 PM

Post# of 65657
I felt there was a lot of shorting today. Often I would see a buy go off, and immediately I'd see an ask show up at a lower price. Why lower the asking price when people are buying at the higher price? Shorting this stock now just before production starts is not too smart- I think a lot of the shorts are being placed without DD thinking that this is just another one of those non-producing "explorers" that never achieves production, cash flow, or profit and can be shorted with impunity. And the 36.8% shorted today is just those that are reported- it doesn't include naked shorts. I'm looking forward to seeing what happens when they finally realize they have to cover. And if SFMI does make good on their intimation that they might pay dividends, then the shorts will really have their shorts in a bind. And they'll get no sympathy from me- it'll make my day- not to mention my portfolio.

>>36.8% shorted today......<<
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