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Re: lorper post# 135575

Friday, 06/18/2010 3:14:48 PM

Friday, June 18, 2010 3:14:48 PM

Post# of 179215
I don't disagree, but to what end? NITE is a company that makes about $97MM/year in earnings. If they have 40 million air shares, they are currently at risk at about $12-15MM. Why mess around with 2-3 cents on 200K shares (maybe $6000, but probably much less than that)? They can only make money when they go long on the squeeze and they bring other investors in. At least my understanding. Comments?