Thursday, September 23, 2010 10:37:53 AM
Is this just a coincidence to the stock action, the REG SHO reported "naked" shorting of the last couple months and the current TTEG share price range of .22-.24???
While TTEG has subtly indicated many a positive event very quietly unfolding behind the scenes it is likely Golden Gate is playing its games somewhat unabated. But soon, it seems all the years of R & D, along with new anticipated upcoming mergers (in addition to KingTec) whichever entity is currently playing its games (Golden Gate anyone) will end. Best they convert their remaining current debenture (@ $125k) before one day soon their window to convert at these low prices will "suddenly" close.
Just to bring some real data to my belief this has been Golden Gate driving the price lower -- During the last 6-8 weeks (while REG SHO has reported a high percentage of the daily volume as short), I have submitted a number of different BUY orders at the ask or a little higher and it gets filled below the ask. Now if the entity shorting was solely interested in profiting from a short position, they would jump all over my "Buy Offer" at the ask or higher. But time after time my order was filled down below the ask (good for me not the entity selling short). Also, it is very common for the Golden Gate's of the world to have a desk (within a market maker) willing to manipulate the bid/ask to advantage a long time/many a deal type client. Clearly, TTEG's share price has seen many an odd bid/ask spread and price action the last couple months.
Soon, these games will end as TTEG (and its shareholders) begin to realize return on their investment!!
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