NewStream Energy Technologies Group Inc (NSGP): "Short Squeeze" is a comin' !!! Possi...

NewStream Energy Technologies Group Inc (NSGP)

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trader53

Re: None

Sunday, 04/18/2010 6:16:18 AM

Sunday, April 18, 2010 6:16:18 AM

"Short Squeeze" is a comin' !!!

Possible retest of .11c to fill the "Open Gap", and also test .097c to make a lowere low than the previous low of .10c
that was set on March 23rd. If that were to happen, I would expect a "SURGE" to above .42c intra-day and higher highs, with a possible move to .74c (swing-trade price projection target), based on the shorts chasing the stock and having to pay the higher prices in the short squeeze.

CCTC has been on th Naked Short List fo 13 consecutive days now.

It was placed on the list March 30th.

Buyin is Imminent.

Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.

http://www.buyins.net/tools/short_list.php?dys=>12

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p79125157745