Nephros Inc (NEPH)

[thecon00]

good explanation of trading this week from Yahoo...

...Nobody is buying because the stock is going to R/S in a few days, the shorts DO have to cover their positions and keep shorting the stock in hopes of tripping stop losses or cause panic selling, time is running out and they need shares bad. Problem is that the float is relatively small, only around 20 million shares, and they've shorted the same position over and over, and NO CERTIFICATES exist for those shares to be turned over for NEW certificates after the R/S. Someones sitting on those non-existant trades and will have their account charged back for not covering. They can't cover AFTER the R/S because there will be even FEWER shares available to trade, float goes from 41 million shares, 21 million are warrants and not trade able or shortable, to a little over 10 million shares, of which roughly 6.5 million shares will be warrants. But the only play until the split is shorting.

Market cap is out of whack, company has $3.2 million in cash, but the 41 million shares are only worth less than $1.6 million shares, 41 million times .04. Do you really think you can BUY $1.6 million in profit by buying all 41 million shares for $1.6 million dollars?