InvestorsHub Logo
Followers 55
Posts 2707
Boards Moderated 0
Alias Born 03/11/2010

Re: Izp99 post# 543

Tuesday, 04/20/2010 10:05:33 AM

Tuesday, April 20, 2010 10:05:33 AM

Post# of 17663
Load up before the bounce!!!
Although the reason for a corporate name change is for marketing and financial media purposes, a potential ancillary benefit to our CUSIP number change is the forced covering of naked short positions in our stock. We have been monitoring the daily 'failure to deliver' totals and, although difficult to be certain, there is a strong possibility that we have a few million shares that have been sold, but not delivered. Oftentimes, a CUSIP change can trigger short covering.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.