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Trader S77

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Trader S77

Re: ActivClient post# 133501

Monday, 06/07/2010 8:29:46 PM

Monday, June 07, 2010 8:29:46 PM

Post# of 241047
Very good point IMO. The news release was sort of a must in order to get followers of the promo companies to hold and add to their positions - no news would have been bad.

We will see how tomorrow pans out - remember now we also have a big short position here - 7.4M shares were shorted out of the total 12.2M in volume.

An upside swing in price action and the shorts could cover in a hurry.
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