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Re: None

Friday, 06/04/2010 3:57:58 PM

Friday, June 04, 2010 3:57:58 PM

Post# of 85107
I believe that there has also been a lot of shorts participating in this recent correction as well. I mean, who would sell such a small block today at the BID, when it was at 0.0101. I know none of us would, not even the debtors that have been trying to sell their shares would. It must have been the shorts.

However, now that it looks like the debtors are pretty much done selling their shares, or at least most of it. All we have left are the shorts (and possibly the flippers), and I'm pretty sure the shorts are out here today on full force (given the current market conditions) trying to see if they can find an opening, but if we can hold on (which it looks like it), the next leg up will be accomplished with the help of the shorts covering their naked positions. Thank you shorts. JMHO. GLTA.
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