Wednesday, April 28, 2010 5:36:48 PM
Posted by: bobafett Date: Friday, November 27, 2009 10:00:09 AM
In reply to: AceFranklin who wrote msg# 41472 Post # of 50479
Dont sell and Dont panic there will be less shares to cover and shorts wont be able to get shares to cover with.
Since they change the CUSIP #, the shorts are screwed and can't cover.
I have seen a few cases where the stock went nuts on this occasion. From pennies to dollars per share in one morning.
A few years ago i think HVLN was symbol. It had a similar switch and it took off like a rocket after small reverse split because nobody sold.
This is when if you didn't sell you cancel all sell orders wait and see if mngmt has something up the sleeve. MOASS comes to mind;
This may be setup for a MOASS. (mother of all short squeezes).
Then bashers are trying to cover, hold your shares and you will be rewarded!
YOUR SHARES ARE WORTH MORE THAN YOU CAN DREAM IF YOU HOLD!
Or were you talking about a different stock?? FYI, EVFN went down 99.9% since that post telling people to hold...
PERHAPS you shoulda said "YOUR SHARES ARE WORTH LESS THAN YOU CAN DREAM OF IF YOU HOLD!" LOL
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • ELMGF • Sep 10, 2024 11:00 AM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM