2 people have asked about present short-from regsho.org,subsection ORF:
date11-17-10 sh short total vol
20101117|CWRN|26778170|104634459|O
I.e as of close yesterday 26.77 million shorted and vol of 104 million that day.
Whether certain groups help longs by lowering prices depends on when you got in at what price. I've held CWRN since August 2009 at prices generally higher than todays and while I've only been on this board since March,I was on other CWRN boards before then and my group in contact personally w Bob from 2009.
My remarks re shorting result from the tremendous destruction they have done to the market ever since the depression hit officially Dec 2007. They are destroying the penny market as nellies jump ship at their shouts of scam/dilution on EVERY stock just to find the same situation w EVERY stock/company like CWRN that dares to breakthrough like CWRN. The result-nellies increasingly leave the market,licking their wounds resulting in a cycle of market contraction,making it hard to profit on any stock.
It has been noted in official business/govt documents how shorts helped precipitate the crash which still affects us today and will for years,creating trillions of debt and loss of millions of jobs,almost eliminating credit making it harder for startups like CWRN and everybody else to obtain financing.
Shorters were becoming overnight millionaires helping precipitate the crisis.Thus the regulatory authorities prohibited shorting in certain financial sector stocks during the worst of the recession/depression.
They know the psychology of nellies and their lack of dd.
Once ca 5 MIILION of revenue/shipment starts pouring in w the 35000 ton shipments and ca 10 MILLION/shipment w the 75000 ton shipments expected in Jan, a larger investment pool not affected by the chatter will skyrocket the stock,with or without buyback.
Another jr mine stock a long way from production w no news for 9 months and 30 Billion shares was a low of .36 recently.
