Saturday, January 08, 2005 6:12:18 PM
Dude u sound bitter, relax don't fight the tape.. The MM's thought that since Hee was non-reporting they were safe, read the last sentence of the preeviously posted article:
Nasdaq's threshold list is the one that is the most anticipated by traders and investors since it is likely to include the largest number of securities. Nasdaq's list will include securities trading on its national market, small-cap market and on the Over-The-Counter market. The Nasdaq list will also include securities trading on the Pink Sheets that under SEC rules are "reporting companies." Non-reporting Pink Sheets companies are not covered by Reg SHO. But NASD is working on a SHO-like rule that would cover non-reporting companies trading on the Pink Sheets.
That is why we may open .05 Monday. 230 million shares traded in just 8 days, company reports only 40 million and have probably bought back another 2-3 million shares.. I LUV IT longs been getting kicked in the teeth for weeks now the friggin worm has turned.. .006 blah,blah, next week will be a blast .20 is not beyond the reach if my guess of 100 mil naked shares must be purchased..
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