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Re: A deleted message

Monday, 10/25/2010 9:00:37 AM

Monday, October 25, 2010 9:00:37 AM

Post# of 146240
It’s pretty obvious to me. On the $2.64 per share run up, total short shares went from the 260k neighborhood to over 2M. It is no coincidence that it occurred during the same period as the Seaside deal. Seaside has several related entities, like Seaside Capital Management Inc, where the principles of each company are either family or have a long history with each other. Looking back, after the deal, the timing of Inflationista and NNVClover to the board coincides with the peak and downturn of the NNVC PPS. NNVClover can claim he is shorting, and that he has millions, when in reality, he is probably working for those that do. It would not surprise me if he worked for one of the Seaside entities to make money on both ends of the deal. You have to have deep pockets to short 1M shares at $2.6. You also must have confidence (info) that that the stock is at a peak. I think Seaside had both. Shorts are covering on the solid buying at $1.0. That is probably frustrating to guys like NNVClover, but it is what it is. NNVClover can also claim he loves NNVC and is shorting it at the same time which fits this scenario.
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