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Re: Eagle1969 post# 1785

Sunday, 01/30/2011 10:20:30 PM

Sunday, January 30, 2011 10:20:30 PM

Post# of 6560
I am not going to pretend I know all there is to know about shorting, Eagle. I don't short stocks. Millions are made, I am sure, by shorting stocks of all sized companies.

That some people made money shorting CPOW is not in question and if this is how some traders want to play, congratulations to them for their success. I didn't even say Sykes was wrong to do what he does, I simply said I didn't see him give a 0.01 price target for CPOW.

Some on here have argued that the short interest is now very tiny on this stock, so there won't be a short squeeze. Go back through the messages, there was some discussion of this. It would seem the shorts got in and out of CPOW already. You even said Sykes is done with this.

This discussion began when you posted something about another poster's prediction of where this stock was headed. However realistic or unrealistic his post was about a shareprice target, my question is, is 0.01 any more realistic? Let's watch the charts over the next few days and see what the technicals tell us.

What Skihi said was his own opinion, which he is entitled to. You are entitled to your opinion as well.

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